The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions listed below as: 1. Operating activity-add to net income 2. Operating activity-deduct from net income 3. Investing activity - increase in cash flow 4. Investing activity - decrease in cash flow 5. Financing activity - increase in cash flow 6. Financing activity - decrease in cash flow 7. Not reported as a cash flow