Determine whether each of the following transaction is an operating, investing, financing, or noncash investing / financing activity. If the activity is not represented anywhere on the statement of cash flows, use the "no impact" option. Purchased equipment using a long-term note. [Select] Paid insurance in advance for the next year. [Select] Repaid the principle on a loan taken out from the bank. [Select] Purchased a long-term investment. [Select] Repurchased previously sold common stock as treasury stock. [Select] Paid dividends to shareholders. [Select] Lent a notes receivable to another company. [Select] 4 Question 12 1 pts Syndey's Soda has the following information related to her Inventory and Accounts Payable accounts on December 31st, Year 1: 12/31/Year 1 12/31/Year 0 Inventory $1,698 $5,528 Accounts Payable $456 $1,946 If Sydney's Soda's Year 1 Cost of Goods Sold is $23,804, how much cash was paid for inventory in Year 1? Determine whether each of the following transaction is an operating, investing, financing, or noncash investing/financing activity. If the activity is not represented anywhere on the statement of cash flows, use the "no impact" option. Purchased equipment using a long-term not [Select] Paid insurance in advance for the next year. Operating Investing Financing Noncash Investing / Financing Repaid the principle on a loan taken out from No Impact Purchased a long-term investment. [Select] Repurchased previously sold common stock as treasury stock. [Select] Paid dividends to shareholders. [Select] Lent a notes receivable to another company. [Select] Question 12 1 pts Syndey's Soda has the following information related to her Inventory and Accounts Payable accounts on December 31st. Year 1: 12/31/Year 1 12/31/Year 0 Inventory $1,698 $5.528 Accounts Payable $456 $1.946 If Sydney's Soda's Year 1 Cost of Goods Sold is $23,804, how much cash was paid for inventory in Year 1