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 $61, 100 for $88,000. b. Sold a new issue of bonds at 98. c. Retired $250,000 of bonds, on which there was $2, 500 of unamortized discount, for $260,000. d. Purchased 4, 200 shares of $40 par common stock as treasury stock at $72 per share. e. sold shares of $15 par common stock for $31 per share. f. Paid dividends of $2.3 per share. There were 29,000 shares issued and 5,000 shares of treasury stock. g. Purchased land for $346,000 cash. h. Purchased a building by paying $84,000 cash and issuing a $120,000 mortgage note payable