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The Golden Gopher Corporation has engaged in various activities listed below: Sold food on account Received dividend income Purchased undeveloped land Opened a payroll checking

The Golden Gopher Corporation has engaged in various activities listed below:

  1. Sold food on account
  2. Received dividend income
  3. Purchased undeveloped land
  4. Opened a payroll checking account
  5. Declared a cash dividend
  6. Purchased food on account
  7. Paid income taxes
  8. Exchanged 2,000 shares of common stock for a long-term note
  9. Reclassified long-term debt as current debt
  10. Collected cash on a current note receivable
  11. Recorded depreciation
  12. Sold equipment for a gain
  13. Sold common stock
  14. Paid linen supplier
  15. Paid interest on long-term debt

REQUIRED

Identify each activity for SCF purposes as (1) an operating activity, (2) an investment activity, (3) a financing activity, (4) a noncash transaction, or (5) none of the above.

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