For each of the items below, indicate whether the cash flow item relates to an operating activity, an investing activity, or a financing activity:

a. Cash loaned to borrowers

b. Cash paid as interest on bonds payable

c. Cash received from issuance of preferred stock

d. Cash paid as state income taxes

e. Cash received as dividends on stock investments

f. Cash paid to acquire treasury stock g. Cash paid to acquire a franchise to distribute a product line