Where Reported on Statement of Cash Flows Payment, or No Effect? Transaction (a) Purchased equipment in exchange for a note payable to seller (b) Paid interest expense (c) Recorded cash proceeds from disposal of machinery. (no gain or loss) (d) Acquired land by issuing common shares. (e) Paid a cash dividend to preferred shareholders. (f) Distributed a stock dividend to common shareholders (g) Recorded cash sales. (h) Sold long-term debt investment for carrying amount. (i) Purchased inventory for cash (j) Received cash by signing a mortgage payable