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Classify each of the following as an operating activity, an investing activity, or a financing activity. Also identify those items that are not reported on the statement of cash flows prepared by the direct method a. Net income b. Payment of dividends c Borrowing d. Payment of cash to suppliers e Making a loan f Receipt of cash dividends g. Depreciation expense h Purchase of equipment i. Issuance of shares 1. Purchase of another company k Payment of a note payable 1. Payment of income taxes m. Collections from customers n. Accrual of interest revenue o Expiration of prepaid expense Choose from any drop-down list and then continue to the next question. Classify each of the following as an operating activity, an investing activity, or a financing activity. Also identify those items that are not reported on the statement of cash flows prepared by the direct method a. Net income b Payment of dividends c. Borrowing d. Payment of cash to suppliers e Making a loan f. Receipt of cash dividends g. Depreciation expense h. Purchase of equipment i Issuance of shares 1. Purchase of another company k. Payment of a note payable I Payment of income taxes m. Collections from customers n. Accrual of interest revenue o. Expiration of prepaid expense Choose from any drop-down list and then continue to the next