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 $16,000 are retired for $17,500 cash, resulting in a $1,500 loss. b. Paid cash dividends of $12,000 to common stockholders. c. Acquired $21,000 worth of machinery in exchange for common stock. Items a. Long-term notes payable b. Dividends c. Machinery Effect on financing Amount cash flows