dewoo Co. had the following transactions in December 2034:

• Issued 2,864,000 shares of common stock for $2,840 per share.
• Purchased equipment for $1,220,000,000, paying $488,000,000 in cash and signing a note for the balance.
• Declared and paid dividends of $130,000,000.

Record the journal entries for these transactions and show how they would affect the cash flow statement.