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 $230,000 of bonds, on which there was $2,300 of unamortized discount, for $239,000. b. Sold 12,000 shares of $10 par common stock for $21 per share. c. Sold equipment with a book value of $61,300 for $88,300 d. Purchased land for $549,000 cash. e. Purchased a building by paying $64,000 cash and issuing a $110,000 mortgage note payable. f. Sold a new issue of $260,000 of bonds at 99. g. Purchased 4,100 shares of $45 par common stock as treasury stock at $82 per share. h. Paid dividends of $1.60 per share. There were 31,000 shares issued and 5,000 shares of treasury stock. Effect Amount a. b. C. d. e. 9- h. Classifying Cash Flows tdentify the type of cash flow activity for each of the following events (operating, investing, or financing): a. Redeemed bonds b. Issued preferred stock c. Paid cash dividends d. Net income e. Sold equipment f. Purchased treasury stock 9. Purchased patents h. Purchased buildings i. Sold long-term investments j. Issued bonds k. Issued common stock