Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method. Cash Flow 1. Paid long-term debt with cash. 2. Paid cash dividends. 3. Received cash payments from customers. 4. Purchased inventories with cash. 5. Paid cash interest on outstanding notes. 6. Received cash dividends from investments. 7. Paid accounts payable with cash. 8. Sold stock investments for cash. 9. Cash paid to purchase investments. 10. Received cash from long-term debt issuance. Activity