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Identify each item as operating, investing, financing, or non-cash. 1. Cash receipt from the sale of equipment 2. Cash payment for salaries 3. Cash receipt

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Identify each item as operating, investing, financing, or non-cash. 1. Cash receipt from the sale of equipment 2. Cash payment for salaries 3. Cash receipt from the collection of long-term notes receivable 4. Purchase of equipment in exchange for notes payable 5. Cash receipt from the issuance of common stock

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