Question: > Exercises E16-16 Classifying cash flow items Consider the following transactions: a. Purchased equipment for $130,000 cash. b. Issued $14 par preferred stock for cash.
> Exercises E16-16 Classifying cash flow items Consider the following transactions: a. Purchased equipment for $130,000 cash. b. Issued $14 par preferred stock for cash. c. Cash received from sales to customers of $35,000. d. Cash paid to vendors, $17,000. e. Sold building for $19,000 gain for cash. f. Purchased treasury stock for $28,000. g. Retired a notes payable with 1,250 shares of the company's common stock. Identify the category of the statement of cash flows in which each transaction would be reported
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