(Classifying transactions for a cash flow statement, LO 3) For each of the following transactions and economic events, classify each as an operating, investing, or financing cash flow, or whether the item has no effect on cash flow. Also, indicate whether each item increases or decreases cash.

a. Equipment is purchased for cash.

. Capital assets are amortized.
Cash dividends are paid to shareholders.
. Interest is paid on a bond.
Accounts receivable are collected from customers.
Land is purchased in exchange for shares in the company.
. Cash is obtained from a lender in exchange for a long-term note payable.
. A bank loan is repaid.
Suppliers of inventory are paid in cash.
i. Inventory is purchased on credit.