For every event listed below, select the appropriate category which describes the effect of the event on a statement of cash flows:
a. Cash used/provided by operating activities.
b. Cash provided/used by investing activities.
c. Cash provided/used by financing activities.
d. Not a cash flow. ____
1. Payment on long-term debt ____
2. Issuance of bonds at a premium ____
3. Collection of accounts receivable ____
4. Cash dividends declared __
5. Issuance of stock to acquire land ____
6. Sale of available-for-sale securities (long-term) ____
7. Payment of employees' wages
8. Issuance of common stock for cash ____
9. Payment of income tax payable ____
10. Purchase of equipment ____
11. Purchase of treasury stock (common) ___
12. Sale of real estate held as a long-term investment