Classify the following cash flows as elther Operating, Investing, or Financing activities assuming indirect method. 1. Paid long-term debt with cash. 2. Issued preferred stock for cash, 3. Paid cash dividends. 4. Received cash payments from customers. 5. Purchased inventories with cash. 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 long-term investments Income Statement Data Revenues $110,000 Expenses: Salaries expense 74,000 Utilities expense 31,000 Depreciation expense 28.400 Other expenses 7,500 Net loss $(30,980) Selected Year-End Balance Sheet Data Accounts receivable decrease $30, eee Purchased a machine for cash 23,000 Salaries payable increase 24, eee Other accrued liabilities decrease 14, eee Prepare the operating activities section of the statement of cash flows using the indirect method (Any loss or amounts to deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from operating activities