Classify the following cash flows as either operating, investing, or financing activities assume indirect method. eBook Print 1. Purchased inventories with cash. 2. Received cash interest on a note. 3. Paid cash for property taxes on building. 4. Paid cash for utilities. 5. Paid cash for rent. 6. Received cash from sale of land. 7. Received cash from sale of equipment. 8. Cash paid to purchase short-term investments. 9. Issued preferred stock for cash. 10. Issued common stock for cash. eferences