Microsoft Corporation had the following transactions in March 2031:

• Issued 1,940,000 shares of common stock for $1,940 per share.
• Purchased land for $770,000,000, paying $308,000,000 in cash and signing a note for the balance.
• Declared and paid dividends of $83,000,000.

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