Problem 6 - Effect of Transactions on Cash Flows State the effect (cash receipt or cash payment and the amount) of each of the following transactions, considered individually, on cash flows: a. Retired $345,000 of bonds, on which there was $2,000 of unamortized discount, for $345,500. b. Sold 40,000 shares of $5 par common stock for $15 per share. c. Sold equipment with a book value of $25,800 for $28,900. d. Purchased land for $283,000 cash. e. Purchased a building by paying $55,000 cash and issuing a $425,000 mortgage note payable. f. Sold a new issue of $300,000 bonds at 98 . g. Purchased 14,000 shares of $32 par common stock as treasury stock for $45 per h. Paid dividends of $2.00 per share. There were 750,000 shares issued and 70,000 share. shares of treasury stock