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 $240,000 of bonds, on which there was $2,400 of unamortized discount, for $250,000.
2. Sold 7,000 shares of $15 par common stock for $28 per share.
3. Sold equipment with a book value of $47,500 for $68,400.
4. Purchased land for $406,000 cash.
5. Purchased a building by paying $93,000 cash and issuing a $90,000 mortgage note payable.
6. Sold a new issue of $190,000 of bonds at 98.
7. Purchased 3,200 shares of $40 par common stock as treasury stock at $74 per share.
8. Paid dividends of $2.50 per share. There were 18,000 shares issued and 3,000 shares of treasury stock.

	Effect	Amount
a.	Cash payment	$
b.	Cash receipt	$
c.	Cash receipt	$
d.	Cash payment	$
e.	Cash payment	$
f.	Cash receipt	$
g.	Cash payment	$
h.	Cash payment	$