For each of the following transactions, indicate whether operating (O), investing (0) or financing activities (F), or none of the activities (NE) are affected and whether the effect is a cash inflow (+) or outflow (-), or (NE) if the transaction has no effect on cash TIP: Think about the journal entry recorded for the transaction. The transaction affects net cash flows if and only if the account Cash is affected. Activity Cash Flow Transaction 1 Purchased new equipment with cash 2. Recorded and paid income taxes to the federal government 3 Issued shares of stock for cash 4. Prepaid ront for the following porod 5. Paid cash to purchase new equipment 6 Issued long-term promissory notes for cash 7. Collected payments on account from customers 8 Recorded and paid salanes and wages to employees