For each of the events listed below, select the category that best describes its effect on a statement of cash flows. Your categories are as follows:

a - Cash provided/used by operating activities

b - Cash provided/used by investing activities

c - Cash provided/used by financing activities

d - Not a cash flow item

Events:

_____ 1. Issuance of common shares

_____ 2. Purchase of land and building

_____ 3. Redemption of bonds

_____ 4. Proceeds on sale of equipment

_____ 5. Depreciation of machinery

_____ 6. Amortization of patent

_____ 7. Issuance of bonds in exchange for land

_____ 8. Payment of cash dividends

_____ 9. Exchange of furniture for equipment

_____ 10. Loss on disposal of equipment

_____ 11. Increase in accounts receivable during year

_____ 12. Decrease in accounts payable during year