The following transactions were carried out by Crozier Manufacturing Limited. Required: Indicate into which category each transaction or adjustment is placed in the statement of cash flows: operating (O), financing (F), or investing (I) activities.

______A payment of $5,000 was made on a non-current bank loan.

______Depreciation expense for equipment was $1,000.

______$10,000 of share capital was issued for cash.

______Cash dividends of $2,500 were declared and paid to shareholders.

______A non-current bank loan was assumed in exchange for equipment costing $7,000.

______Land was purchased for $25,000 cash.

______$750 of accrued salaries was paid.

______A $5,000 short-term demand loan was obtained.

______$10,000 of accounts receivable was collected.

______A building was purchased for $80,000: $30,000 was paid in cash and the rest was borrowed.

______Land was sold for $50,000 cash.

______Equipment was sold for $6,000. The original cost was $10,000. The related accumulation depreciation was $3,000.

______$1,200 was paid for a 12-month insurance policy to take effect next year.

______A patent was amortized for $500.

______Shares were redeemed for $50,000 cash, their original purchase price.