ASSIMILATION: Classify each of the following transactions as cash flow from operating activities (O), cash flow from investing activities (1), or cashflow from financing activities (F). Transactions that do not affect the CFS should be identified as N/A. Then prepare the CFS. The following transactions pertain to the operations of Happy Events Company, an event planning company owned by Jessie Natividad. The entity had the following transactions during the period ended December 31, 2019. Cash Inflow Investment by the owner P 2,000,000 Cash received from customers P 300,000 Collection of receivables P 70,000 Sale of office furniture 75,000 Cash Outflow Purchase of equipment P 120,000 Purchase of furniture P 80,000 Salaries expense P 150,000 Rent expense P 40,000 Utilities expense P 30,000 Withdrawal by the owner P 100,000