Item 1: Classify each transaction as either an operating activity "OA", an investing activity "IA," or a financing activity "FA," or a noncash investing and financing activity "NC." Selected transactions for the Entity A are listed below. 1. Common stock is sold for cash. 2. Interest on a short-term note receivable is collected. 3. Equipment was purchased by signing a 3-year, 5% note payable. 4. Cash dividends paid. 5. Cash sale of merchandise. 6. Retire bonds payable. 7. Exchange of land for a patent. 8. Land was sold for its book value. . 9. Cash paid for inventory. 10. Office building was purchased for cash