Indicate the effect, if any, that each separate transaction has on financing cash flows. (Select "No Effect" if there is no effect.) a. Long-term notes payable with a carrying value of $15,600 are retired for $16,900 cash, resulting in a $1,300 loss. b. Paid cash dividends of $11,600 to common stockholders. c. Acquired $20,600 worth of machinery in exchange for common stock