Britney Hotels Corporation had the following transactions during $2004.$

$1.$ Issued $$50,000$ par value common stock for cash.

$2.$ Collected $$16,000$ of accounts receivable.

$3.$ Declared and paid a cash dividend of $$25,000.$

$4.$ Sold a long$-$term investment with a cost of $$15,000$ for $$15,000$ cash.

$5.$ Issued $$200,000$ par value common stock upon conversion of bonds having a face value of $$200,000.$

$6.$ Paid $$18,000$ on accounts payable.

$7.$ Purchased a machine for $$30,000,$ giving a long$-$term note in exchange.

Instructions

Analyze the transactions above and indicate whether each transaction resulted in a cash flow from $($a$)$ operating activities, $($b$)$ investing activities, $($c$)$ financing activities, or $($d$)$ noncash investing and financing activities.