Classify the following cash flows as either operating, investing, or financing activities, assuming the indirect method.

lassify the following cash flows as either operating, investing, or financing activities, assuming the indirect method. Cash Flow 1. Paid cash for utilities. 2. Paid accounts payable with cash. 3. Sold stock investments for cash. 4. Paid cash for a building. 5. Cash paid to purchase investments. 6. Received cash from long-term debt issuance. 7. Issued preferred stock for cash. 8. Paid cash dividends. 9. Paid cash for wages and salaries. 10. Paid cash interest on outstanding notes. Activity