OBL.1 Effect of transactions on cash flows EX 16-2 State the effect (ash receipt or payment and amount) of each of the following transac tions, considered individually, on cash flows a. Cash 5525,000 a. Retired $500,000 of bonds, on which there was $5,000 of unamortized discount, for $525,000 b. Sold 6,000 shares of $20 par common stock for $30 per share. c. Sold equipment with a book value of $98,200 for $117,500 d. Purchased land for $322,000 cash. e. Purchased a building by paying $75,000 cash and issuing a $62,500 mortgage note payable f. Sold a new issue of $300,000 of bonds at 101 R Purchased 2,500 shares of $40 par common stock as treasury stock at $50 per share h. Paid dividends of $200 per share. There were 50,000 shares issued and 10,000 shares of treasury stock