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 $270,000 of bonds, on which there was $2,700 of unamortized discount, for $281,000. b. Sold 7,000 shares of 510 par common stock for $22 per share, 6. Sold equipment with a book value of $48,900 for $70,400. d. Purchased land for $325,000 cash. e. Purchased a building by paying $56,000 cash and issuing a $90,000 mortgage note payable 1. Sold a new issue of $220,000 of bonds at 98. 9. Purchased 3,100 shares of $45 par common stock as treasury stock at $83 per share. h. Paid dividends of $2.40 per share. There were 20,000 shares issued and 3,000 shares of treasury stock. Effect Amount a Cash payment b. Cash receipt Cash receipt d. Cash payment Cash payment Cash receipt chel 0 Cash payment h. Cash payment