Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there
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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.
a Purchase of equipment.
b Proceeds from sale of building.
c Redemption of bonds payable.
d Cash received from sale of goods.
e Payment of dividends.
f Issuance of common stock.
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