Task: Classify the following cash flows as operating, investing, or financing activities.
1: Sold Long-term investments for cash
2: Received cash payments from customers.
3: Paid cash for wages and salaries.
4: purchased inventories for cash.
5: Paid cash dividends.
6: Issued common stock for cash.
7: Received cash interest on a note.
8: Paid cash interest on outstanding notes.
9: Received cash from sale of land at a loss.
10: Paid cash for property taxes on building.