14 QS 16-14 Computing financing cash flows LO P3 3.44 points Indicate which of the following has an effect on financing cash flows. a. Notes payable with a carrying value of $18,400 are retired for $21,100 cash, resulting in a $2,700 loss. b. Paid cash dividends of $14,400 to common stockholders. c. Acquired $23,400 worth of machinery in exchange for common stock. Answer is complete but not entirely correct. Effect on Items Amount financing cash flows Notes payable $ 21,100 Decrease $ Dividends (14,400) Decrease Machinery $ No effect a. b. X C. 0