All-Star Automotive Company experienced the following accounting events during Year 2: 1. Performed services for $14,100 cash. 2. Purchased land for $7,100 cash. 3. Hired an accountant to keep the books. 4. Received $31,000 cash from the issue of common stock. 5. Borrowed $8,200 cash from State Bank. 6. Paid $4,100 cash for salary expense. 7. Sold land for $8,200 cash. 8. Paid $3,100 cash on the loan from State Bank. 9. Paid $4,300 cash for utilities expense. 10. Paid a cash dividend of $1,100 to the stockholders. Required a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or not applicable (NA), Event Classification 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.