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 flow a. Retired $340,000 of bonds, on which there was $3,400 of unamortized discount, for $354,000. b. Sold 7,000 shares of $30 par common stock for $63 per share. c. Sold equipment with a book value of $59,200 for $85,200. d. Purchased land for $489,000 cash. e. Purchased a building by paying $56,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $200,000 of bonds at 98. g. Purchased 3,400 shares of $40 par common stock as treasury stock at $75 per share. h. Paid dividends of $2.00 per share. There were 18,000 shares issued and 3,000 shares of treasury stock. a. b. C. d. Effect e. f. g. h. Cash payment Cash receipt Amount 13