Indicate the effect, if any, that each separate transaction has on financing cash flows. (Select "No Effect" If there is no effect.) a. Long-term notes payable with a carrying value of $19,000 are retired for $22,000 cash, resulting in a $3,000 loss. b. Paid cash dividends of $15,000 to common stockholders. c. Acquired $24,000 worth of machinery in exchange for common stock. Items Amount Effect on financing cash flows a. Long-term notes payable b. Dividends c. Machinery