Choose the combination that best reflects the appropriate classification of cash received from operating, investing and financing activities.

Operating                                         Investing                                     Financing

a. Cash paid by customers             Sale of operational assets            Issuance of bonds payable

b. Dividends received                     Cash paid by customers              Issuance of bonds payable

c. Sale of operational assets           Dividends received                      Cash paid by customers

d. Issuance of bonds payable         Sale of operational assets            Dividends received