Lemonade, Inc. had the following transactions in June 2034:

• Issued 2,720,000 shares of common stock for $2,720 per share.
• Purchased equipment for $1,160,000,000, paying $464,000,000 in cash and signing a note for the balance.
• Declared and paid dividends of $122,000,000.

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