Indicate the effect, if any, that each separate transaction has on financing cash flows.

Note: Select $"$No Effect" if there is no effect.

a$.$ Long$-$term notes payable with a carrying value of $$18,400$ are retired for $$21,100$ cash, resulting in a $$2,700$ loss.

b$.$ Paid cash dividends of $$14,400$ to common stockholders.

c$.$ Acquired $$23,400$ worth of machinery in exchange for common stock.

$\backslash$table$[[$Items$,$Amount,$\backslash$table$[[$Effect on financing$],[$cash flows$]]],[$a$.$ Long$-$term notes payable,,$],[$b$.$ Dividends,,$],[$c$.$ Machinery,,$]]$