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 $230,000 of bonds for $239,000. b. Sold 7,000 shares of $15 par common stock for $32 per share. c. Sold equipment with a book value of $59,000 for $85,000. d. Purchased land for $309,000 cash. e. Purchased a building by paying $89,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $240,000 of bonds at 99 . g. Purchased 3,500 shares of $25 par common stock as treasury stock at $46 per share. h. Paid dividends of $1.80 per share. There were 24,000 shares issued and 4,000 shares of treasury stock