For each of the following transactions, indicate the dollar amount(s) and section(s) of the statement of cash flows that would be impacted by each of the following independent transactions: (You may assume either the direct or indirect method state which one you use). 1. Sold equipment for $7,000; the equipment originally cost $32,000 and had accumulated depreciation of $17,000. 2. Purchased land, paying $45,000 down and signing a note for $250,000. 3. Bonds with a face amount of $200,000 were sold at a premium of $20,000 on December 31 of the current year.