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Classify each of these transactions by type of cash flow activity. Questions 1-5. Issued 100,000 shares of $5 par value common stock for $800,000 cash.

Classify each of these transactions by type of cash flow activity. Questions 1-5.

  1. Issued 100,000 shares of $5 par value common stock for $800,000 cash.

  1. Borrowed $200,000 from Castle Bank, signing a 5-year note bearing 8% interest.

  1. Purchased two semi-trailer trucks for $170,000 cash.

  1. Paid employees $12,000 for salaries and wages.

  1. Collected $20,000 cash for services performed.

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