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1.8. Classify each of the following items as belonging in the revenue, expendi resources/payroll, production, or financing cycle. a. Purchase raw materials b. Pay off mortgage on a factory c. Hire a new assistant controller d. Establish a $10,000 credit limit for a new customer e. Pay for raw materials f. Disburse payroll checks to factory workers g. Record goods received from a vendor h. Update the allowance for doubtful accounts i. Decide how many units to make next month j. Complete a picking ticket for a customer order k. Record factory employee timecards 1. Sell concert tickets m.Draw on line of credit n. Send new employees to a business ethics course o. Pay utility bills p. Pay property taxes on an office building 4. Pay federal payroll taxes 1. Sell a DVD player S. Collect payments on customer accounts t. Obtain a bank loan u. Pay sales commissions v. Send an order to a vendor w. Put purchased goods into the warehouse