Your answer is partially correct. The Neo Watch Company produces pocket watches and has had the following transactions. For purposes of the statement of cash flow.classify each of these transactions as an operating, investing, or financing activity. Additionally, indicate whether the activity is an inflow of cash or an outflow of cash. (Enter positive adjustment to net income as inflow and negative adjustment to net income as outflow. For noncash activites select "Neither inflow or outflow") Activity 1. Retired long-term bonds. Financing activity Positive adjustment (loss) Inflow Outflow Nelther inflow or outflow 2 Sold a warehouse for $610,000 Investing activity 3. Financing activity Outflow 4. Issued a long-term note payable for $360,000. Purchased a new robotic system to automate manufacturing operations. Purchased a 40 percent interest in HazelWorks, an electronics manufacturer. Investing activity Inflow 5. Investing activity Inflow 6. (Reported a loss on the sale of old equipment of $7,000. Operating activity Outflow (1) The equipment was sold for $4,000 in cash. Investing activity Outflow