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Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash from sale of land. 2. Paid cash

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Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash from sale of land. 2. Paid cash for a building. 3. Cash paid to purchase long-term investments. 4. Received cash from long-term debt issuance. 5. Issued preferred stock for cash. 6. Paid cash dividends. 7. Received cash payments from customers. 8. Purchased inventories with cash. 9. Paid cash for property taxes on building. 10. Paid accounts payable with cash

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