MS Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal year ending June 30, 2011. Classify each item as involving an operating, investing, or financing activity. Please apply the classification standard as explained for Discounted Cash Flow Model in our main text book (instead of Generally Accepted Accounting Principle such as IFRS or US GAAP). (2 points for each + 5 points of bonus)

a. Common stock dividends $ 5,394

b. General and administrative expenses 4,222

c. Sales and marketing expenses 13,940

d. Common stock issues 2,422

e. Common stock repurchases 11,555

f. Sales revenue 69,943

g. Research and development expenditures 9,043

h. Income taxes 4,921

i. Additions to property and equipment 2,355

j. Accounts receivable 14,987