An analysis of comparative balance sheets, the current year’s income statement, and the general ledger accounts of Wellman Corp. uncovered the following items. Assume all items involve cash unless there is information to the contrary. Indicate how each item should be classified in the statement of cash flows using these four major classifications: operating activity (indirect method), investing activity, financing activity, and significant noncash investing and financing activity.(a) Payment of interest on notes payable. An analysis of comparative balance sheets, the cur Investing ActivityOperating ActivityFinancing ActivityNoncash Investing and Financing Activity(b) Exchange of land for patent. An analysis of comparative balance sheets, the cur Investing ActivityNoncash Investing and Financing ActivityOperating ActivityFinancing Activity(c) Sale of building at book value. An analysis of comparative balance sheets, the cur Investing ActivityFinancing ActivityOperating ActivityNoncash Investing and Financing Activity(d) Payment of dividends. An analysis of comparative balance sheets, the cur Investing ActivityOperating ActivityFinancing ActivityNoncash Investing and Financing Activity(e) Depreciation. An analysis of comparative balance sheets, the cur Noncash Investing and Financing ActivityOperating ActivityFinancing ActivityInvesting Activity(f) Receipt of dividends on investment in stock. An analysis of comparative balance sheets, the cur Financing ActivityInvesting ActivityNoncash Investing and Financing ActivityOperating Activity(g) Receipt of interest on notes receivable. An analysis of comparative balance sheets, the cur Operating ActivityFinancing ActivityInvesting ActivityNoncash Investing and Financing Activity(h) Issuance of common stock. An analysis of comparative balance sheets, the cur Investing ActivityNoncash Investing and Financing ActivityOperating ActivityFinancing Activity(i) Amortization of patent. An analysis of comparative balance sheets, the cur Noncash Investing and Financing ActivityOperating ActivityFinancing ActivityInvesting Activity(j) Issuance of bonds for land. An analysis of comparative balance sheets, the cur Financing ActivityNoncash Investing and Financing ActivityInvesting ActivityOperating Activity(k) Purchase of land. An analysis of comparative balance sheets, the cur Financing ActivityNoncash Investing and Financing ActivityOperating ActivityInvesting Activity(l) Conversion of bonds into common stock. An analysis of comparative balance sheets, the cur Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity(m) The loss on the sale of land. An analysis of comparative balance sheets, the cur Financing ActivityInvesting ActivityOperating ActivityNoncash Investing and Financing Activity(n) Retirement of bonds. An analysis of comparative balance sheets, the cur Investing ActivityOperating ActivityFinancing ActivityNoncash Investing and Financing Activity