Nike, Inc. had the following transactions in May 2024:

• Issued 320,000 shares of common stock for $360 per share.
• Purchased equipment for $2,002,000, paying $8,020,000 in cash and signing a note for the balance.
• Declared and paid dividends of $5,000,000.

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