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for each of the following items, indicate whether it would be classified as an: (O)operating activity, (I)investing activity, (F)financing activity, (N)a significant noncash financing or

for each of the following items, indicate whether it would be classified as an: (O)operating activity, (I)investing activity, (F)financing activity, (N)a significant noncash financing or investing activity

1. paid the principle balance on a note payable

2. sold inventory for cash

3. sold land for cash

4. paid cash for equipment

5. paid cash for supplies

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