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 $250,000 of bonds, on which there was $2,500 of unamortized discount, for $260,000. b. Sold 7,000 shares of $20 par common stock for $50 per share. c. Sold equipment with a book value of $66,500 for $95,800. d. Purchased land for $309,000 cash. e. Purchased a building by paying $46,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $260,000 of bonds at 97 . g. Purchased 5,900 shares of $20 par common stock as treasury stock at $39 per share. h. Paid dividends of $2.50 per share. There were 31,000 shares issued and 5,000 shares of treasury stock