Burke-Cassidy Investments specializes in low-risk government bonds. Identify each of Burke-Cassidys transactions as operating (O), investing (I), financing (F), noncash investing and financing (NIF), or a transaction that is not reported on the statement of cash flows (N). Indicate whether each item increases (+) or decreases (€“) cash. The indirect method is used for operatingactivities.

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a. Acquisition of building by cash payment b. Decrease in merchandise inventory c Depreciation of equipment d. Decrease in accrued liabilities c. Payment of cash dividend f. Purchase of long-term investment g. Issuance of long-term note payable to borrow cash h. Increase in prepaid expenses i. Accrual of salary expense Acquisition of equipment by issuance of note payable k. Sale of long-term investment L Issuance of common stock for cash m. Increase in accounts payable n. Amortization of intangible assets o. Loss of sale of equipment p. Payment of long-term debt Cash sale of land . Purchase of treasury stock s. Net income