Effect of Transactions on Cash Flows State the effect (cash receipt or 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 7,000 shares of $25 par common stock for $48 per share. c. Sold equipment with a book value of $52,800 for $76,000. d. Purchased land for $307,000 cash. e. Purchased a building by paying $51,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $220,000 of bonds at 99. g. Purchased 2,500 shares of $40 par common stock as treasury stock at $80 per share. h. Paid dividends of $1.50 per share. There were 31,000 shares issued and 5,000 shares of treasury stock. Effect Amount b. C. e. 9