Johnson & Johnson had the following transactions in June 2027:

• Issued 1,040,000 shares of common stock for $1,040 per share.
• Purchased equipment for $320,000,000, paying $128,000,000 in cash and signing a note for the balance.
• Declared and paid dividends of $38,000,000.

Record the journal entries for these transactions and show how they would affect the cash flow statement.