Item 1: For Entity A, 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. Cash from customers from the sale of goods or services. 2. Purchase of merchandise inventory for resale. 3. Cash received from owners when shares are sold to them. 4. Purchase of equipment used in the business. 5. Cash paid to owners as dividends on common stock. 6. Acquisition of land by issuing a long-term note payable to the seller. 7. Sale of investment securities. 8. Exchange of a patent for a building. 9. Payoff of bonds payable at maturity. 10. Cash interest and dividends from investments