In 2020, Cullumber Inc. issued 1,300 shares of $10 par value common stock for land worth $43,900. (a) Prepare Cullumber's journal entry to record the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit > (b) Indicate the effect the transaction has on cash. (c) Indicate how the transaction is reported on the statement of cash flows. Cullumber Inc. Statement of Cash Flows (Partial) $