Designate how each transaction would be reported on the statement of cash flows using OP for operating activities, IN for investing activities, FI for financing activities, I for an inflow of cash and O for an outflow of cash. If the transaction is included only in a supplemental schedule, denote this as SS. Paid cash dividends Purchased 6 months of insurance in advance Sold inventory for cash Purchased equipment signing a two-year note Collected accounts receivable balance from a customer Sold shares of another company's stock held for speculative purposes Reclassified a note from long term to short term Issued bonds at a premium