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Classify the following cash flows as either operating, investing, or financing. O - Operating I - Investing F - Financing N - Non cash transaction

Classify the following cash flows as either operating, investing, or financing.

O - Operating

I - Investing

F - Financing

N - Non cash transaction

Sold stock investments for cash

Received cash payments from customers

Paid cash for salaries and wages

Purchased inventories with cash

Paid cash dividends

Issued common stock for cash

Settled outstanding bonds by issuing stock

Issued bonds for cash

Paid cash for property taxes on a building

Received cash from the sale of land

Paid cash to settle a long-term notes payable

The section where net income should appear

Sold machinery for cash

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