Identify each of the following transactions as an operating activity (O), an investing activity (I), a financing activity (F), a noncash investing and financing activity (NIF), or a transaction that is not reported on the cash flow statement (N). For each cash flow, indicate whether the item increases (+) or decreases (-) cash. Assume the indirect method is used to report cash flows from operating activities.

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Activity (+(-) Transactions Amortization of equipment Sale of long-term investment at a loss Payment of cash dividend a. C. d. e. Issuance of preferred shares for cash Prepaid expenses decreased during the year Accrual of salaries expense 8. h. 1. Cash sale of land