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 $65,000 for $83,000.

b. Sold a new issue of $400,000 of bonds at 98.

c. Retired $550,000 of bonds, on which there was $5,000 of unamortized discount, for $560,000.

d. Purchased 2,000 shares of $25 par common stock as treasury stock at $50 per share.

e. Sold 5,000 shares of $20 par common stock for $100 per share.

f. Paid dividends of $1.00 per share. There were 50,000 shares issued and 6,000 shares of treasury stock.

g. Purchased land for $320,000 cash.

h. Purchased a building by paying $40,000 cash and issuing a $60,000 mortgage note payable. Enter all amounts as positive numbers. Effect Amount a. Cash Receipt $_____?_____ b. Cash Receipt $_____?_____ c. Cash Payment $_____?_____ d. Cash Payment $_____?_____ e. Cash Receipt $_____?_____ f. Cash Payment $_____?_____ g. Cash Payment $_____?_____ h.Cash Payment $ _____?_____