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 $320,000 of bonds for $333,000.
2. Sold 12,000 shares of $20 par common stock for $44 per share.
3. Sold equipment with a book value of $59,700 for $86,000.
4. Purchased land for $312,000 cash.
5. Purchased a building by paying $50,000 cash and issuing a $120,000 mortgage note payable.
6. Sold a new issue of $200,000 of bonds at 98.
7. Purchased 3,500 shares of $20 par common stock as treasury stock at $37 per share.
8. Paid dividends of $2.20 per share. There were 19,000 shares issued and 3,000 shares of treasury stock.

\begin{tabular}{lll} & \multicolumn{1}{c}{ Effect } \\ \hline a. & Cash payment \\ b. Cash receipt & \\ c. Cash receipt & $ \\ d. Cash payment & \\ e. Cash payment & $ \\ f. Cash receipt & $ \\ g. Cash payment & $ \\ h. Cash payment & $ \end{tabular}