Listed below are several transactions. For each transaction, indicate by letter whether the cash effect of each transaction is reported in a statement of cash flows as an operating (O), investing (I), financing (F), or noncash (NC) activity. Also, indicate whether the transaction is a cash inflow (CI) or cash outflow (CO), or has no effect on cash (NE). The first answer is provided as an example.

	Transaction	Type of Activity	Cash Inflow or Outflow
1.	Payment of employee salaries.	O	CO
2.	Sale of land for cash.
3.	Purchase of rent in advance.
4.	Collection of an account receivable.
5.	Issuance of common stock.
6.	Purchase of inventory.
7.	Collection of notes receivable.
8.	Payment of income taxes.
9.	Sale of equipment for a note receivable.
10.	Issuance of bonds.
11.	Loan to another firm.
12.	Payment of a long-term note payable.
13.	Purchase of treasury stock.
14.	Payment of an account payable.
15.	Sale of equipment for cash.