19. Classify the following cash flows as relating to operating activities, investing activities or financing activities:

    1. a cash paid to suppliers of inventory

    2. b cash paid to employees

    3. c repayment of a loan

    4. d payment for shares in another company

    5. e dividends received from an investment in another company

    6. f income tax paid

    7. g proceeds from sale of machinery

    8. h acquisition of a new factory.