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 $290,000 of bonds, on which there was $2,900 of unamortized discount, for $302,000. b. Sold 7,000 shares of $10 par common stock for $19 per share. C. Sold equipment with a book value of $46,400 for $66,800. d. Purchased land for $399,000 cash. e. Purchased a building by paying $58,000 cash and issuing a $120,000 mortgage note payable. f. Sold a new issue of $210,000 of bonds at 97. g. Purchased 5,600 shares of $20 par common stock as treasury stock at $37 per share. h. Paid dividends of $2.50 per share. There were 34,000 shares issued and 5,000 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