Exercise 11-4A Determine proper classification (LO11-1) Wi-Fi, Inc., has the following selected transactions during the year. Required: Select the section of the statement of cash flows in which each of these items would be reported operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note. Transactions Activities 1. Issues $20 million in bonds. 2. Purchases equipment for $80,000 3. Pays a'$20,000 account payable Collects a $15,000 account receivable 5. Exchanges and for a new patent. Both are valued at $300,000 6. Declares and pays a cash dividend of $100,000 ZA Loans $50,000 to a customer, accepting a note receivable 8 Pays $75,000 to suppliers for inventory