Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: a. Sold equipment with a book value of $53, 400 for $76, 900. b. Sold a new issue of $210,000 of bonds at 99. c. Retired $230,000 of bonds, on which there was $2, 300 of unamortized discount, for $239,000. d. Purchased 3, 300 shares of $30 par common stock as treasury stock at $58 per share. e. Sold 12,000 shares of $15 par common stock for $31 per share. f. Paid dividends of $2.4 per share. There were 23,000 shares issued and 4,000 shares of treasury stock. g. Purchased land for $462,000 cash. h. Purchased a building by paying $70,000 cash and issuing a $110,000 mortgage note payable.
