Identify each of the following items as operating (O), investing (I), financing (F), or not on the statement of cash flows (N).

______ 1. Paid for supplies

______ 2. Collected cash from customers

______ 3. Purchased land (held for resale)

______ 4. Purchased land (for construction of new building)

______ 5. Paid dividend

______ 6. Issued stock

______ 7. Purchased computers (for use in the business)

______ 8. Sold old equipment