Question: Classify each item as either an operating activity, investing activity or financing activity. Transaction Activity Repurchased shares $ 5 2 , 0 0 0 Payment

Classify each item as either an operating activity, investing activity or financing activity.
Transaction
Activity
Repurchased shares $52,000
Payment of interest on debt $884
Collected from customers on account $1,040
Sold delivery truck $8,840
Billed customers for services performed $3,640
Received property tax bill $1,872
Prepaid insurance for one year $1,248
Borrow cash from the bank $5,200
 Classify each item as either an operating activity, investing activity or

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