Try another version of this question Cash flow items must be categorized into one of four categories. Identify each item as operating (O), investing (I), financing (F), or non-cash (N). Cash Flow Items Category Purchase of equipment in exchange for notes payable. Cash payment of salaries. Cash receipt from the collection of long-term notes receivable. Cash received from borrowing money. Cash payment of dividends. Cash purchase of merchandise inventory. Cash receipt from the sale of land. Cash payment for income taxes. Cash receipt for interest income. Cash receipt from the issuance of common stock. Cash Flow Items Category Purchase of equipment in exchange for notes payable. Non-Cash Cash payment of salaries. Operating Cash receipt from the collection of long-term notes receivable. Investing Cash received from borrowing money. Financing Cash payment of dividends. Financing Cash purchase of merchandise inventory. Operating Cash receipt from the sale of land. Investing Cash payment for income taxes. Operating Cash receipt for interest income. Operating Cash receipt from the issuance of common stock. Financing