For Each of the Following Five Transactions,indicate by Letter Whether

question 112

Essay

For each of the following five transactions,indicate by letter whether the cash effect of each transaction is reported in a statement of cash flows as an operating (O),investing (I),financing (F),or noncash (NC)activity.
$\begin{array}{ll}\text { type of Activity } & \text { Transaction } \\\hline & \text { 1. Investment in bonds } \\&\text { 2. Payment of interest on bonds payable } \\& \text { 3. Payment of a cash dividend } \\&\text { 4. Purchase of a building } \\&\text { 5. Collection of a note receivable }\end{array}$