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