Listed below are several transactions that typically produce either and increase or decrease in cash. Indicate by letter whether the cash effect of each transaction is reported on a statement of cash flows as an operating (O), investing (I), or financing (F) activity.

Transactions

	1.	Sale of Common Stock.
	2.	Sale of Land
	3.	Purchase of Treasury Stock
	4.	Merchandise Sales
	5.	Issuance of a long-term note payable
	6.	Purchase of merchandise
	7.	Repayment of note payable
	8.	Employee salaries
	9.	Sale of equipment at a gain.
	10.	Issuance of bonds
	11.	Acquisition of bonds of a another corporation
	12.	Payment of semiannual interest on bonds payable
	13.	Payment of a cash dividend
	14.	Purchase of a building
	15.	Collection of a nontrade note receivable (principal amount)
	16.	Loan to another firm.
	17.	Retirement of common stock.
	18.	Income taxes.
	19.	Issuance of short-term note payable
	20.	Sale of copyright