Prepare a worksheet for Young Company. EXERCISES OBJECTIVE 1 Exercise 15-25 Activity Classification Stillwater Designs is a private company and outsources production of its Kicker speaker lines. Suppose that Stillwater Designs provided you the following transactions. a.Sold a warehouse for $750,000. b.Reported a profit of $100,000. c.Retired long-term bonds. d.Paid cash dividends of $350,000. e.Obtained a mortgage for a new building from a local bank. f.Purchased a new robotic system. g.Issued a long-term note payable. h.Purchased a 40% interest in a company. i.Reported a loss for the year. j.Negotiated a long-term loan. Required: Classify each of these transactions as an operating activity, an investing activity, or a financing activity. Also, indicate whether the activity is a source of cash or a use of cash.