Use the following information to answer the questions 17-29 below.

Royer Corporation engaged in the following transactions. For each transaction, indicate where, if at all, it would be classified on the statement of cash flows.

17.) Declared and issued a stock dividend.

[A] Financing activities section

[B] Operating activities section

[C] Does not represent a cash flow

[D] Investing activities section

18.) Collected accounts receivable.

[A] Does not represent a cash flow

[B] Operating activities section

[C] Financing activities section

[D] Investing activities section

19.) Purchased inventory with cash.

[A] Does not represent a cash flow

[B] Investing activities section

[C] Operating activities section

[D] Financing activities section

20). Retired long-term debt with cash.

[A] Operating activities section

[B] Does not represent a cash flow

[C] Investing activities section

[D] Financing activities section

21). Paid interest on note.

[A] Financing activities section

[B] Schedule of non-cash investing and financing transactions

[C] Investing activities section

[D] Operating activities section

22) Issued stock for equipment.

[A] Financing activities section

[B] Operating activities section

[C] Investing activities section

[D] Schedule of non-cash investing and financing transactions