Effect of Transactions on Cash Flows

State the effect $($cash receipt or cash payment and amount$)$ of each of the following transactions, considered individually, on cash flows:

a$.$ Retired $$260,000$ of bonds, on which there was $$2,600$ of unamortized discount, for $$270,000.$

b$.$ Sold $12,000$ shares of $$25$ par common stock for $$38$ per share.

c$.$ Sold equipment with a book value of $$55,500$ for $$79,900.$

d$.$ Purchased land for $$329,000$ cash.

e$.$ Purchased a building by paying $$64,000$ cash and issuing a $$120,000$ mortgage note payable.

f$.$ Sold a new issue of $$250,000$ of bonds at $98.$

g$.$ Purchased $5,500$ shares of $$25$ par common stock as treasury stock at $$49$ per share.

h$.$ Paid dividends of $$2\mathrm{.}30$ per share. There were $33,000$ shares issued and $5,000$ shares of treasury stock.

Effect

Cash payment

Cash receipt

c$.$

Cash receipt

d$.$

e$.$

f$.$ Cash receipt

g$.$

h$.$

Amount

a$.$

b$.$

Cash payment

Cash paynment

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Identify the cash flow in each transaction. Is cash being received or paid?