For each of the following separate transactions: 1. Sold a building costing $32,500, with $21,000 of accumulated depreciation, for $9,000 cash, resulting in a $2,500 loss. 2. Acquired machinery worth $11,000 by issuing $11,000 in notes payable. 3. Issued 1,100 shares of common stock at par for $2 per share. 4. Long-term notes payable with a carrying value of $40,500 were retired for $48,000 cash, resulting in a $7,500 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. Required A Required B Prepare the reconstructed journal entry. View transaction list Journal entry worksheet < 1 2 3 4 Record sale of building. Note: Enter debits before credits.