Below are selected transaction. Classify each transaction as either (a) Operating Activity (b) An investment activity (c) A financing activity or (d) noncash investing and financing activity. 1. Common stock is sold for cash 2. Bonds payable are issued for cash at a discount 3. Interest on a short-term note receivable is collected 4. Merchandise is sold to customers for cash 5. Cash paid to purchase inventory 6. Equipment is purchased by signing a 3-year, 10% note payable. 7. Cash dividends on common stock are declared and paid 8. One hundred shares of XYZ common stock are purchased for cash. 9. Land is sold for cash at book value 10. Bonds payable are converted into common stocks