Subway Corporation had the following transactions in January 2028:

• Issued 1,180,000 shares of common stock for $1,180 per share.
• Purchased land for $390,000,000, paying $156,000,000 in cash and signing a note for the balance.
• Declared and paid dividends of $48,000,000.

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