Classifying Cash Flows Classify each of the following items as a (1) cash from operating activity, (2) cash from investing activity, (3) cash from fu activity. 1 a. Cash received from sale of common stock Operating activity b. Common stock issued in exchange for equipment to be used in operations, Investing activity C Cash paid for the acquisition of plant assets Financing activity d. Cash paid to employees for salaries. Noncash activity e. Refinancing a short-term note with a long-term note. f. Cash received from dividends on investments held. g. Sale of long-term investment in equity securities, e . : a. Cash received from sale of common stock. b. Common stock issued in exchange for equipment to be used in operations. c. Cash paid for the acquisition of plant assets. d. Cash paid to employees for salaries. e. Refinancing a short-term note with a long-term note. f. Cash received from dividends on investments held. g. Sale of long-term investment in equity securities