Indicate on the blanks below the letter of the type of activity (O = operating activity,F = financing activity,I = investing activity,N = noncash transaction)each of the following transactions represents.
_____ 1.Firm sold 8,000 shares of its own common stock for cash.
_____ 2.Sold $200,000 worth of products for cash.
_____ 3.Paid $120,000 dividend.
_____ 4.Received $1,500 in interest income.
_____ 5.Exchanged 6,000 shares of stock for 15-year bonds.
_____ 6.Paid $121,000 to the U.S.Treasury for income taxes.

Question

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The Answer of Indicate on the blanks below the letter of the type of activity (O = operating activity,F = financing activity,I = investing activity,N = noncash transaction)each of the following transactions represents.
_____ 1.Firm sold 8,000 shares of its own common stock for cash.
_____ 2.Sold $200,000 worth of products for cash.
_____ 3.Paid $120,000 dividend.
_____ 4.Received $1,500 in interest income.
_____ 5.Exchanged 6,000 shares of stock for 15-year bonds.
_____ 6.Paid $121,000 to the U.S.Treasury for income taxes.

Indicate on the Blanks Below the Letter of the Type