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