QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either operating, investing, or financing activities assume indirect method. 1. Received cash from the sale of property at a loss 2. Received cash from sale of equipment at a gain. 3 Paid cash for rent 4. Paid short-term debt with cash. 5. Paid interest on the debt. 6. Issued preferred stock for cash. 7. Paid accounts payable with cash 8. Received cash dividends from investments 9. Paid cash for a building 10. Paid long-term debt with cash