Question: 6 1.7 points eBook References QS 12-14 (Algo) Computing financing cash flows LO P3 Indicate the effect, if any, that each separate transaction has on

6 1.7 points eBook References QS 12-14 (Algo) Computing financing cash flows LO P3 Indicate the effect, if any, that each separate transaction has on financing cash flows. Note: Select "No Effect" if there is no effect. a. Long-term notes payable with a carrying value of $18,000 are retired for $20,500 cash, resulting in a $2,500 loss. b. Paid cash dividends of $14,000 to common stockholders. c. Acquired $23,000 worth of machinery in exchange for common stock. Items a Long-term notes payable b. Dividends c. Machinery Amount Effect on financing cash flows

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