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 12,000 shares of $20 par common stock for $35 per share. c. Sold equipment with a book value of $68,000 for $97,900. d. Purchased land for $306,000 cash. e. Purchased a building by paying $69,000 cash and issuing a $100,000 mortgage note payable. f. Sold a new issue of $320,000 of bonds at 99. g. Purchased 5,100 shares of $35 par common stock as treasury stock at $67 per share. h. Paid dividends of $2.50 per share. There were 25,000 shares issued and 4,000 shares of treasury stock. Effect Amount a Cash payment b. Cash receipt C. Cash receipt $ d. Cash payment e. Cash payment $ f. Cash receipt $ g. Cash payment $ h. Cash payment $ Feedback Check My Work