View Policies Current Attempt in Progress Eng Corporation, a private corporation reporting under ASPE, had the following transactions: Complete the below table for each of the following requirements. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis eg. (15,000). Do not leave any answer field blank. Enter O for amounts.) (a) Classify each transaction as an operating activity, investing activity, financing activity, or noncash transaction. (b) Specify whether the transaction represents a cash inflow, cash outflow, or has no effect on cash, and in what amount. If there is no effect on cash, put O under the (b) column. Transaction 1. Sold inventory for $1,000 cash. 2. (i) Purchased a machine for $30,000. Made a $5,000 down payment. NE 2. (ii) Issued a long-term note for the remainder. 3. Issued common shares for $50,000. 42 Collected $16.000 of accounts receivable. 5. Paid a $25,000 cash dividend. (a) (b) Classification Cash Inflow or Outflow Operating $1,000 $ > $ $ $ $ 5