A company enters into the following transactions: a. Issued $25,000 par value common stock in exchange for cash. b. Issued a long-term note in exchange for a machine worth $45,000. c. Received $21,000 in cash from accounts receivable. d. Paid $7,500 on accounts payable. e. Issued $50,000 par value common stock upon conversion of convertible bonds with a face value of $50,000. f. Declared and paid a cash dividend of $78,000. g. Sold an investment costing $1 0,000 for $10,000 in cash Required Classify each of the preceding transactions as a cash inﬂow or a cash outﬂow from operating activities, investing activities, or ﬁnancing activities, or as a non-cash transaction.