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Classify each transaction as either a) an operating activity, b) an investing activity, c) a financing activity, or d) a noncash investing and financing activity Selected transactions of Humble Landings, a private corporation, reporting under ASPE, are listed below: 1. Common shares are sold for cash 2. Bonds payable are issued for cash at a discount. 3. Interest receivable on a short-term note receivable is collected. 4. . Merchandise is sold to customers for cash . 6 . . Accounts payable are paid in cash 6. Equipment is purchased by signing a 3-year. 6% note payable. 7 Cash dividends on common shares are declared and paid. . 8. 100 shares of XYZ common shares are purchased for cash. 9. Land is sold for cash at carrying amount. 10 Bonds payable are converted into common shares