Classification of activities
Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity.
a. Received $80,000 from the sale of land.
b. Received $3,200 from cash sales.
c. Paid a $5,000 dividend.
d. Purchased $8,800 of merchandise for cash.
e. Received $100,000 from the issuance of common stock.
f. Paid $1,200 of interest on a note payable.
g. Acquired a new laser printer by paying $650.
h. Acquired a $400,000 building by signing a $400,000 mortgage note.