The following is a list of transactions that took place during the year:

(a)		Classify each of the below transactions as an operating activity, investing activity, financing activity, or noncash investing and financing activity. If it does not fit into one of these classifications, indicate that there is no effect. The first one has been done for you as an example.
(b)		Specify if the transaction will result in a cash receipt, cash payment, or have no effect on cash.
		Indicate if the transaction will increase, decrease, or have no effect on net income.

TRICALCIT LIIC LI aliaCLIUI VIITTICI Casc, ucci case, I llavCTIU CHICUL UITTICLINICUITIC. 1. Ope Paid salaries to employees. Sold land for cash. 2-i. Investing Activi 2-ii. Gain on sale of land. Operating Activ 3-i. Purchased a building by making a down payment in cash. Investing Activi 3-ii. Purchased a building by signing a mortgage payable for the balance. Noncash Invest 4-i. Made a blended principal repayment on the mortgage. Investing Activi 4-ii. Made a blended interest payment on the mortgage. Investing Activi 5. Paid interest on the mortgage. Operating Activ 6. Issued common shares for cash. Financing Activ 7. Purchased shares of another company to be held as a long-term non-strategic investment. Investing Activi 8. Paid dividends to shareholders. Financing Activ 9. Sold inventory on account, at a price greater than cost. The company uses a perpetual inventory system. Operating Activ 10. Wrote down the cost of inventory to its net realizable value. No Effect (c) (a) Classification Operating Activity (b) Cash Flow Cash Payment Net Income Decrease Investing Activity Cash Receipt No Effect Operating Activity Cash Payment Increase Investing Activity Cash Payment No Effect Noncash Investing and Financing Activity No Effect V No Effect Investing Activity Cash Payment V Decrease Investing Activity Cash Payment No Effect Operating Activity Cash Payment V Decrease Financing Activity Cash Receipt No Effect Investing Activity Cash Payment No Effect Financing Activity Cash Payment No Effect system. Operating Activity No Effect V Increase No Effect No Effect Decrease