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Motif Furniture designs and sells modern furniture. For each of the following first-quarter transactions, indicate whether operating (O). Investing (0), or financing activities (F) are

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Motif Furniture designs and sells modern furniture. For each of the following first-quarter transactions, indicate whether operating (O). Investing (0), or financing activities (F) are affected and whether the effect is a cash inflow () or outflow (-) Activity Cash Flow 24 1. Bought used equipment for cash, 2. Paid cash to purchase new equipment. 3 Declared and paid cash dividends to shareholders 4 Collected payments on account from customers. 5. Recorded an adjusting entry to record accrued salarios exponse 6. Recorded and paid interest on debt to creditors. 7 Repaid principal on loan from bank 8. Prepaid rent for the following period 9. Mado payment to suppliers on account

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