The following cash transactions occurred in six real-world companies:

1. In January, 2018 Ford Motor Company announced that it was acquiring Autonomic and TransLoc to enhance its development of driverless automobiles. No price was given. Assume this was a cash purchase.

2. During the third quarter of 2018 (July 1 through September 30), Facebook, Inc. paid approximately $5.8 billion for expenses.

3. During the third quarter of 2018 (July 1 through September 30), General Electric Company sold some of its business units, including its Value-Based Care Division. These sales generated cash inflows of $5.6 billion.

4. During the third quarter of 2018 (July 1 through September 30), General Motors Company borrowed $32.8 billion using notes payable.

5. During the third quarter of 2018 (July 1 through September 30), International Business Machines (IBM), Inc. collected approximately $19.1 billion in cash from revenue related to the products and services it sold.

6. During the third quarter of 2018 (July 1 through September 30), McDonald’s, Inc. paid $780 million of dividends.

Required

Determine if each of the preceding transactions should be classified as an operating, investing, or financing activity. Also, identify the amount of each cash flow and whether it was an inflow or an outflow.