Classify the following cash flows as either operating, investing, or financing activities assume Indirect method. 1. Paid interest on the debt. 2. Received cash from sale of equipment at a gain. 3. Received cash from the sale of property at a loss. 4. Paid accounts payable with cash. 5. Paid cash for a building. 6. Cash paid to purchase investments in securities 7. Paid cash for salaries. 8. Paid cash for rent 9. Paid long-term debt with cash. 10. Issued preferred stock for cash. Financing activities Investing activities Operating activities