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Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary and the indirect

Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary and the indirect method is used.

(a) Purchase of equipment.

image text in transcribed Operating Activity Financing Activity Investing Activity

(b) Proceeds from sale of building.

image text in transcribed Financing Activity Operating Activity Investing Activity

(c) Redemption of bonds.

image text in transcribed Financing Activity Operating Activity Investing Activity

(d) Depreciation.

image text in transcribed Investing ActivityOperating ActivityFinancing Activity

(e) Payment of dividends.

image text in transcribed Financing Activity Operating Activity Investing Activity

(f) Issuance of common stock.

image text in transcribedFinancing Activity Operating Activity Investing Activity

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