Required Indicate whether each transaction would a operating activities, investing activities or financing a Also note if a transaction is a significant non-cash that would require additional disclosure. ti 3 Classify cash flows LO1 A business entered into the following transactions: a Purchased new machinery for $24000 cash. b Paid an account payable relating to inventory of $2500 with cash. c Recorded cash sales of $52000 for the period. d Purchased a new warehouse for $275000. The seller of the building accepts 10000 shares as payment. Issued debentures at face value of $25000. e f Repurchased 200 of the company's own shares on the open market for $7000. g Purchased a new light truck for $18000 by signing a 180-day note payable. h Collected cash of $3000 from a customer in satisfaction of accounts receivable. i Sold 550 BHP shares for their book value of $25000. j Paid $200 for renewal of the meteor insurance policy, k Paid dividends of $5000 in cash. Required Classify each transaction as a cash inflow or outflow from operating activities, investing activities or financing ac as an item reported in a supplemental schedule of the stale of cash flows. activities, or ent