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:

1. Retired $270,000 of bonds, on which there was $2,700 of unamortized discount, for $281,000.
2. Sold 12,000 shares of $30 par common stock for $66 per share.
3. Sold equipment with a book value of $54,100 for $77,900.
4. Purchased land for $380,000 cash.
5. Purchased a building by paying $60,000 cash and issuing a $120,000 mortgage note payable.
6. Sold a new issue of $230,000 of bonds at 98.
7. Purchased 4,100 shares of $25 par common stock as treasury stock at $49 per share.
8. Paid dividends of $1.60 per share. There were 18,000 shares issued and 3,000 shares of treasury stock.

	Effect	Amount
a.
b.
c.
d.
e.
f.
g.
h.