State whether the answer is an operating activity, investing activity or financing activity.

1. 21,000 was received for the issue of common shares

2. 16,000 was collected from customers for service work performed by the company on account last month

3. 12,000 was paid to purchase new equipment

4. 3,000 was paid to the regal bank as part of the amount owing on a six month loan payable.

5. 4000 in salaries was paid to employees for work they did for the company