Indicate the section (operating activities, investing activities, financing activities, or none) in which each of the following would be reported on the statement of cash flows prepared by the direct method:

(a)Gain on sale of fixed assets

(b)Operating income

(c)Retirement of long-term debt

(d)Sale of capital stock

(e)Distribution of stock dividends

(f)Payment of cash dividends

(g)Purchase of fixed assets

(h)Sale of fixed assets

(i)Receipt of interest revenue

(j)Payment of interest expense