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:

1. Retired $280,000 of bonds, on which there was $2,800 of unamortized discount, for $291,000.
2. Sold 7,000 shares of $10 par common stock for $21 per share.
3. Sold equipment with a book value of $57,500 for $82,800.
4. Purchased land for $472,000 cash.
5. Purchased a building by paying $48,000 cash and issuing a $110,000 mortgage note payable.
6. Sold a new issue of $220,000 of bonds at 98.
7. Purchased 2,600 shares of $15 par common stock as treasury stock at $30 per share.
8. Paid dividends of $2.20 per share. There were 25,000 shares issued and 4,000 shares of treasury stock.

	Effect	Amount
a.	Cash paymentCash receipt	$fill in the blank 2
b.	Cash paymentCash receipt	$fill in the blank 4
c.	Cash paymentCash receipt	$fill in the blank 6
d.	Cash paymentCash receipt	$fill in the blank 8
e.	Cash paymentCash receipt	$fill in the blank 10
f.	Cash paymentCash receipt	$fill in the blank 12
g.	Cash paymentCash receipt	$fill in the blank 14
h.	Cash paymentCash receipt	$fill in the blank 16