Exercise 11-4A Determine proper classification (LO11-1) 2 Wi-Fi, Inc., has the following selected transactions during the year. 2 points 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. Transactions Activities Print 1. Issues $20 million in bonds. References 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. Financing activities Investing activities Noncash activities Operating activities