Dirtbikes, Inc. identified the following selected transactions that occurred during the year ended December 31, 2024:
a. Issued 750 shares of $3 par common stock for cash of $17,000.
b. Issued 5,100 shares of $3 par common stock for a building with a fair market value of $96,000.
c. Purchased new truck with a fair market value of $29,000. Financed it 100% with a long-term note.
d. Retired short-term notes of $28,000 by issuing 1,900 shares of $3 par common stock.
e. Paid long-term note of $10,500 to Bank of Tallahassee. Issued new long-term note of $23,000 to Bank of Trust.
Identify any non-cash transactions that occurred during the year and show how they would be reported in the non-cash investing and financing activities section of the statement of cash flows.