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

Classify the following cash flows as either operating, investing, or financing activities, assuming the Indirect method. Activity Financing Cash Flow 1. Cash paid to purchase short-term investments. 2. Issued preferred stock for cash. 3. Paid cash dividends. 4. Received cash payments from customers. 5. Purchased Inventories with cash. 6. Pald cash interest on outstanding notes 7. Received cash dividends from investments 8. Paid accounts payable with cash. 9. Received cash from sale of land. 10. Cash paid to purchase investments. Operating