Complete the table indicating whether each item (1) should be reported as an operating activity, investing activity,financing activity as a significant noncash imesting and financing activity, and (2)represents a cash receipt or cash payment or has no cash. sh Receipt, Where Reported on Statement of Cash Flows Cash Payment, or No Effect? Transaction (a) Purchased equipment in exchange for a note payable to Significant noncash investing and financing activity No cash effect seller (b) Paid interest expense (c) Recorded cash proceeds from disposal of machinery.(no Operating activity Cash payment Investing activity Cash receipt gain or loss) d) Acquired land by issuing common shares (e) Paid a cash dividend to preferred shareholders f) Distributed a stock dividend to common shareholders (8) Recorded cash sales. th) Sold long-term debt investment for carrying amount. () Purchased inventory for cash. ) Received cash by signing a mortgage payable. Significant noncash investing and financing activityNo cash effect " Financing activity Cash payment Operating activity Financing activity Operating activity , Financing activity Cash receipt Cash receipt Cash payment Cash receipt