In addition to recognizing what type of activity transactions are being described, it is important to recognize whether a transaction involves a source or use of cash, or whether it should be classified as an operating, investing, or financing cash flow. In the following table, determine whether each transaction should be classified as generating a cash inflow (source of funds) or outflow (use of cash), and whether it should be recorded as an operating, investing, or financing cash flow. Cash Inflow or Outflow Outflow Operating, Investing, or Financing Cash Flow Operating Transaction Howard Co. incurred total operating expenses of $834,000 and total cash payments for expenses that equaled $781,000. Garcia Inc. generated $1,478,000 in net sales revenue and collected $1,384,000 in cash for sales made during the year. Sherman Co. paid common dividends of $69,000 this year. Brewer Inc. sold property for $84,000. Inflow Operating