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 $340,000 of bonds, on which there was $3,400 of unamortized discount, for $354,000.
2. Sold 12,000 shares of $30 par common stock for $57 per share.
3. Sold equipment with a book value of $57,500 for $82,800.
4. Purchased land for $337,000 cash.
5. Purchased a building by paying $61,000 cash and issuing a $100,000 mortgage note payable.
6. Sold a new issue of $290,000 of bonds at 98.
7. Purchased 3,500 shares of $40 par common stock as treasury stock at $77 per share.
8. Paid dividends of $2.30 per share. There were 24,000 shares issued and 4,000 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	$