Aurum Investments specializes in low-risk government bonds. Identify each of Aurum’s 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 operating cash flows.

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a. Acquisition of equipment by issuance of note payable b. Purchase of long-term investment with cash c. Issuance of long-term note payable to borrow cash d. Increase in prepaid expenses e. Decrease in accrued liabilities f. Loss of sale of equipment g. Decrease in accounts receivable h. Depreciation of equipment i. Increase in accounts payable j. Amortization of intangible assets k. Purchase of treasury stock 1. Payment of long-term debt m. Increase in salary payable n. Cash sale of land o. Sale of long-term investment p. Acquisition of building by cash payment q. Net income r. Issuance of common stock for cash s. Payment of cash dividend