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 $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 $40 per share. c. Sold equipment with a book value of $49,200 for $70,800. d. Purchased land for $521,000 cash. e. Purchased a building by paying $82,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $280,000 of bonds at 97. g. Purchased 4,900 shares of $35 par common stock as treasury stock at $64 per share. h. Paid dividends of $1.90 per share. There were 18,000 shares issued and 3,000 shares of treasury stock. Effect a. b. C. d. Cash payment Cash receipt e. f. g. h. - $ - Amount