Carter-Pierce investments specializes in low-risk government bonds. Required Identify each of Carter-Pierce's transactions as operating (O), investing (1), financing (F), non-cash imvesting and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases () cash. The indirect method is used for operating activities. o. Loss on sale of equipment p. Payment of long-term debt q. Cash sale of land r. Repurchase of common shares s. Net income