In $2020,$ Riverbed Inc. issued $700$ shares of $$10$ par value common stock for land worth $$41,200.$

$($a$)$ Prepare Riverbed's journal entry to record the transaction. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Common Stock

$($b$)$ Indicate the effect the transaction has on cash.

$($c$)$ Indicate how the transaction is reported on the statement of cash flows.

Riverbed Inc.

Statement of Cash Flows $($Partial$)$

$