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 ows: Sold equipment with a book value of $60,800 for $87,600. Sold a new issue of $290,000 of bonds at 99. Retired $330,000 of bonds, on which there was $3,300 of unamortized discount, for $343,000. Purchased 4,800 shares of $20 par common stock as treasury stock at $40 per share. Sold 7,000 shares of $15 par common stock for $37 per share. Paid dividends of $2.1 per share. There were 26,000 shares issued and 4,000 shares of treasury stock. Purchased land for $400,000 cash. Purchased a building by paying $57,000 cash and issuing a $120,000 mortgage note payable. .3974?an Effect Amou nt