Classify each of the following transactions as operating, investing, or financing. Use the following letters:

A. operational activity

B. investment activity

C. financing activity

D. It is not presented in the Statement of Cash Flows or disclosed in a note

1. Zero-coupon bond payable balance, principal portion
2. Payment for rent
3. Cash purchase of raw materials for manufacturing
4. Receipt of dividends from an investment in shares accounted for using the equity method.
5. Payment of property taxes