Consider the following transactions:

Requirement
1. Indicate whether each transaction would result in an operating activity, an investing activity, or a financing activity for an indirect method statement of cash flows and the accompanying schedule of noncash investing and financing activities.

a. Cash 72,000 g. Land 22,000 Common stock 72,000 Cash 22,000 h. Cash b. Treasury stock 16,500 9,600 Cash Equipment 16,500 9,600 i. Bonds payable c. Cash 88,000 51,000 Sales revenue Cash 88,000 51,000 j. Building Note payable, long-term d. Land 103,000 137,000 Cash 137,000 103,000 c. Depreciation expense Accumulated depreciation k. Loss on disposal of equipment 6,800 1,800 6,800 Equipment, net 1,800 f. Dividends payable Cash 19,500 19,500