Identify each of Knox Industries transactions listed below as operating ( O), investing ( I), financing (
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a. Depreciation of equipment b. Increase in raw materials i. Amortization of patent j. Purchase building with cash k. Increase in accrued taxes payable . Gain on sale of equipment inventory c. Payment of cash dividend d. Decrease in prepaid e. Purchase of treasury stock f. Cash sale of land (no gain or loss) _ g. Sale of long-term investment h. Decrease in salaries payable d expensesm. Payment of long-term debt n. Issuance of common stock for cash _ o. Purchase of delivery truck p. Acquisition of equipment by issuance of note payable
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