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