SALES ASSignm 8 00 1.42 points e look 10 10 Prim Sved Help Save & Exit Submit Check my work All-Star Automotive Company experienced the following accounting events during Year 2: 1. Performed services for $14,600 cash. 2. Purchased land for $7,600 cash. 3. Hired an accountant to keep the books 4. Received $36,000 cash from the issue of common stock 5. Borrowed $9,200 cash from State Bank. 6. Paid $4,600 cash for salary expense 7. Sold land for $9.200 cash. 8. Paid $3,600 cash on the loan from State Bank 9. Paid $4.800 cash for utilities expelise. 10. Paid a cash dividend of $1,600 to the stockholders. Required a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or not applicable (NA) Event Classfication 1 OA Reference 2 MA 3 NA 4 TA 5 FA 6 POA 7 A 8 FA 3 OA 10: FA