E12-1A. Classification of Cash Flows For each of the items below, indicate whether the cash flow item relates to an operating activity, an investing activity, or a financing activity: a. Cash receipts from customers for services rendered b. Sale of long-term investments for cash c. Acquisition of plant assets for cash d. Payment of income taxes L01 Chapter 12 Statement of Cash Flows 60 e. Bonds payable issued for cash f Payment of cash dividends declared in previous year g. Purchase of short-term investments (not cash equivalents) for cash 8