Item 1: For Entity A, classify each transaction as either an operating activity "OA", an investing activity "IA," or a financing activity "FA," or a noncash investing and financing activity "NC." Selected transactions for the Entity A are listed below. 1. Cash received from issuing Entity A common stock to investors. 2. Cash paid for merchandise inventory for resale. 3. Cash collections from customers. 4. Cash paid for land to construct a warehouse used in the business. 5. Cash paid to stockholders as dividends on common stock. 6. Acquisition of equipment by issuing a long-term note payable to the seller. 7. Interest paid on a long-term note payable. 8. Exchange of a patent for a building. 9. Payoff of bonds payable at maturity. 10. Sale of Ford common stock held as a long-term investment