activity, a financing activity, or a noncash investing and financing activity. 1. Collected accounts receivable. 2. Declared and paid dividends on common stock. V 3. Sold long-term investments for cash. Investing Activity V 4. Issued stock for equipment. V 5. Repaid five year note payable. V 6. Paid employee wages. Operating Activity V 7. Converted bonds payable to common stock. V 8. Acquired long-term investment with cash. Financing Activity V