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8. For each of the following transactions, indicate the dollar amount(s) and section(s) of the statement of cash flows that would be impacted (indirect method).
8. For each of the following transactions, indicate the dollar amount(s) and section(s) of the statement of cash flows that would be impacted (indirect method). Be sure to include multiple effects if appropriate. a. Sold equipment for cash. The equipment originally cost $27,000, had accumulated depreciation of $14,000, and was sold at a loss of $4,500. b. Purchased land, paying $48,000 down and signing a note for $240,000. c. Sold land for $50,000 that was originally purchased for $30,000
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