QS $12-14($Algo$)$ Computing financing cash flows LO P$3$

Indicate the effect, if any, that each separate transaction has on financing cash flows.

Note: Select $"$No Effect" if there is no effect.

Long$-$term notes payable with a carrying value of $$19,000$ are retired for $$22,000$ cash, resulting in a $$3,000$ loss.

Paid cash dividends of $$15,000$ to common stockholders.

Acquired $$24,000$ worth of machinery in exchange for common stock.