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P3. Kelly Corporation had these transactions during 2017 (4 pts.). Analyze the transactions and indicate whether each transaction is an operating activity (O), investing activity

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P3. Kelly Corporation had these transactions during 2017 (4 pts.). Analyze the transactions and indicate whether each transaction is an operating activity (O), investing activity (1), financing activity (F) (4pts.). Purchased a machine for $30,000 for cash. > Issued $50,000 par value common stock for cash. ( ) Paid $18,000 to suppliers. > Collected $16,000 from sale of goods. Received $10,000 cash dividends. ) Paid $5,000 cash dividends. Paid $5,000 salaries to employees. ) Borrowed $5,000 cash from a local bank

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