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 Cash payment of salaries. Cash receipt from the sale of land. Cash receipt from the collection of long-term notes receivable. Cash purchase of merchandise inventory. Cash payment for income taxes. Cash received from borrowing money. Cash receipt for interest income. Cash receipt from the issuance of common stock. Cash payment of dividends. Purchase of equipment in exchange for notes payable. Cash Flow Items Category Cash payment of salaries. Operating Cash receipt from the sale of land. Investing Cash receipt from the collection of long-term notes receivable. Investing Cash purchase of merchandise inventory. Operating Cash payment for income taxes. Operating Cash received from borrowing money. Financing Cash receipt for interest income. Operating Cash receipt from the issuance of common stock. Financing Cash payment of dividends. Financing Purchase of equipment in exchange for notes payable. Non-Cash