Explain why.

a. Classification of Cash Flows For each of the items below, indicate whether it is (1) a cash flow from an operating activity, (2) a cash flow from an investing activity, (3) a cash flow from a financ- ing activity, (4) a noncash investing and financing activity, or (5) none of the above: Received cash as interest earned on bond investment b. Received cash as refund from supplier Borrowed cash from bank on six-month note payable d. Exchanged, at a gain, stock held as an investment for a parcel of land Invested cash in a money market fund (cash may be easily withdrawn from the fund) f. Loaned cash to help finance the start of a new biotechnology firm C. e