Indicate which of the following has an effect on financing cash flows. a. Notes payable with a carrying value of $15,400 are retired for $16,600 cash, resulting in a $1,200 loss. b. Paid cash dividends of $11.400 to common stockholders. c. Acquired $20,400 worth of machinery in exchange for common stock Items Amount Effect on financing cash flows Notes payable Dividends c. Machinery