1. Tahir Corporation had these transactions during 2020.

1. Purchased furniture for $25,600 cash.

2. Loss on disposal of equipment $1,500.

3. Purchase Land for $23,600, giving a long-term note in exchange.

4. Depreciation expense $7,000

5. Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.

6. Declared and paid a cash dividend of $18,000.

7. Collected $17,000 from customers.

8. Paid $18,000 to suppliers.

9. Issued $50,000 par value common stock for cash.

10. Paid Salary for $19,400 cash.

Instructions

Indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity.