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 $230,000 of bonds, on which there was $2,300 of unamortized discount, for $239,000. b. Sold 7,000 shares of $15 par common stock for $33 per share. c. Sold equipment with a book value of $62,400 for $89,900. d. Purchased land for $381,000 cash. e. Purchased a building by paying $73,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $140,000 of bonds at 98. g. Purchased 3,600 shares of $35 par common stock as treasury stock at $66 per share. h. Paid dividends of $1.60 per share. There were 30,000 shares issued and 5,000 shares of treasury stock. Effect a. Cash payment Amount 239,000 b. Cash receipt 231,000 C. Cash receipt 65,400 X d. Cash payment 527,000 X e. Cash payment 55,000 X f. Cash receipt 232,800 X g. Cash payment 133,400 X h. Cash payment 34,200 X