Required: Select the type of business activity as financing, investing, or operating for each transaction of Hewlett-Packard. Transactions 1. Pay amount owed to the bank for previous borrowing. 3. Purchase equipment to be used in operations. 2. Pay utility costs. Type of Business Activity Financing Operating 4. Provide services to customers. 5. Purchase office supplies. 6. Purchase a building. 7. Pay workers' salaries. 8. Pay for research and development costs. 9. Pay taxes to the IRS. 10. Sell common stock to investors.