2 Exercise 11-4A Determine proper classification (LO11-1) WI-FI , Inc., has the following selected transactions during the year. Required: Select the section of the statement of cash flows in which each of these items would be reported: operating activities (indirect method), investing activities, financing activities, or a separate noncash activities note. 2 points Activities Print References Transactions 1. Issues $20 million in bonds. 2 Purchases equipment for $80,000 3. Pays a $20,000 account payable. 4. Collects a $15,000 account receivable, 5. Exchanges land for a new patent. Both are valued at $300,000 6. Declares and pays a cash dividend of $100,000 7. Loans $50,000 to a customer accepting a note receivable. 8 Pays $75,000 to suppliers for inventory