Presented Below Are Activities from Prosser Industries, Inc Required: Please Indicate Whether Each of These Activities Is Classified

Essay

Presented below are activities from Prosser Industries, Inc.
$$\begin{array} { | l | l | } \hline { \text { Activity } } & \underline { \mathrm { O } , \mathrm { I } , \text { or F } } \\\hline \text { Purchase of equipment with cash } & \\\hline \text { Sale of treasury stock } & \\\hline \text { Payments to employees } & \\\hline \text { Sale of idle land } & \\\hline \text { Purchase of inventory with cash } & \\\hline \text { Payment of dividends to shareholders } & \\\hline \text { Redemption of bonds payable } & \\\hline \text { Sale of long-term investments } & \\\hline \text { Payment of interest on bonds payable } & \\\hline\end{array}$$
Required: Please indicate whether each of these activities is classified as an (O)perating, (I)nvesting, or (F)inancing Activity on the statement of cash flows.