6. Categorizing cash flows

In addition to recognizing what type of activity transactions are being described, it is important to recognize whether a transaction involves a source or use of cash, or whether it should be classified as an operating, investing, or financing cash flow. In the following table, determine whether each transaction should be classified as generating a cash inflow (source of funds) or outflow (use of cash), and whether it should be recorded as an operating, investing, or financing cash flow.

Transaction	Cash Inflow or Outflow	Operating, Investing, or Financing Cash Flow
Coleman Co. incurred total operating expenses of $834,000 and total cash payments for expenses that equaled $781,000.
Montalvo Inc. generated $1,478,000 in net sales revenue and collected $1,384,000 in cash for sales made during the year.
Sharper Co. issued new common stock for $317,000.
Douglas Inc. purchased property for $71,000.