Compaq Computer is a leading designer and manufacturer of personal computers. The following items were taken from its recent cash flow statement. Note that different companies use slightly different titles for the same item. Without referring to Exhibit 1.5. mark each item in the list as a cash Bow from operating activities (O). investing activities (I), or financing activities (F). Also place parentheses around the letter only if it is a cash outflow.

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(1) Cash paid to suppliers and employees (2) Cash received from customers (3) Income taxes paid (4) Interest and dividends received (5) Interest paid (6) Proceeds from sale of investment in Conner Peripherals, Inc. (7) Purchases of property, plant, and equipment (8) Repayment of borrowings