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Skateboards, Inc. identified the following selected transactions that occurred during the year ended December 31, 2018 (Click the icon to view the transactions.) Identify any

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Skateboards, Inc. identified the following selected transactions that occurred during the year ended December 31, 2018 (Click the icon to view the transactions.) Identify any non-cash transactions that occurred during the year, and show how they would be reported in the non-cash investing and financing activities section of the statement of cash flows (if a box is not used in the table, leave the box empty do not select a label or enter a zero) Skateboards, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2018 Non-cash Investing and Financing Activities Total Non-cash Investing and Financing Activities More Info - X a. Issued 950 shares of $2 par common stock for cash of $25.000 b. Issued 5,300 shares of $2 par common stock for a building with a fair market value of $99,000 c. Purchased new truck with a fair market value of $31,000 Financed it 100% with a long-term note. d. Retired short-term notes of $23,000 by issuing 2,500 shares of S2 par common stock e. Paid long-term note of $8,500 to Bank of Tallahassee Issued new long-term note of $17,000 to Bank of Trust Skateboards, Inc. Statement of Cash Flows (Partial) Year Ended December 31, 2018 Non-cash Investing and Financing Activities Acquisition of Building by Issuing Common Stock Acquisition of Truck by Issuing Long-term Note Payable Cash Payment of Long-term Note Payable Cash Receipt from Issuance of Common Stock Cash Receipt from Issuance of Long-term Note Payable Payment of Short-term Note Payable by Issuing Common Stock 1 More Info

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