Question: QUESTION 3 Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity Collected

QUESTION 3 Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity, or noncash investing and financing activity Collected $16,000 from sale of goods. A. Operating activity Declared and paid a cash dividend of $13,000 B. Investing activity Purchased a machine for $30,000, giving a long-term note in exchange. C. Financing Sold a long-term investment with a cost of $15,000 for $15,000 cash. activity D. Non-cash

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