For each of the following separate transactions: 1. Sold a bullding costing $31,000, with $20,400 of accumulated depreciation, for $8,400 cash, resulting in a $2,200 loss. 2. Acquired machinery worth $10,400 by issuing $10,400 in notes payable. 3. Issued 1,040 shares of common stock at par for $2 per share. 4. Long-term notes payable with a carrying value of $40,200 were retired for $47,400 cash, resulting in a $7,200 loss. (a) Prepare the reconstructed journal entry: (b) Identify the effect it has, if any, on the investing section or financing section of the statement of cash flows. Complete this question by entering your answers in the tabs below. Prepare the reconstructed journal entry. For each of the following separate transactions: 1. Sold a building costing $31,000, with $20,400 of accumulated depreciation, for $8,400 cash, resulting in a $2,200 loss. 2. Acquired machinery worth $10,400 by issuing $10,400 in notes payable. 3. Issued 1,040 shares of common stock at par for $2 per share. 4. Long-term notes payable with a carrying value of $40,200 were retired for $47,400 cash, resulting in a $7,200 loss. (a) Prepare the reconstructed journal entry. (b) Identify the effect it has, if any, on the investing section or financing section of the statement of cash flows. Complete this question by entering your answers in the tabs below. Identify the effect it has, if any, on the investing section or financing section of the statement of cash flows. (Amounts to be deducted should be indicated by a minus sign.)