Cushenberry corporation had the following transactions

sold land (cost $12,000) for $15,000

issued common stock at par for $20,000

recorded depreciation on buildings for $17,000

paid salaries of $9,000

issued 1,000 shares of $1 par value common stock for equipment worth $8,000

sold equipment (cost $10,000 accumulated depreciation $7,000) for $1,200

For each transaction above (a) prepare the journal entry (b) indicate how it would affect the statement of cash flows using the indirect method