Classify each of the following as an operating, investing, or financing activity under ASPE:

Required

$1.$ Payments for inventory

$2.$ Payments for interest

$3.$ Receipt of cash from issuance of bonds payable

$4.$ Receipt of cash from sale of equipment

$5.$ Payments for acquisition of land

$6.$ Receipt of cash from issuance of stock

$7.$ Receipt of dividend income

$8.$ Dividends paid to shareholders

$9.$ Payment of salaries to employees