The following selected account balances relate to the shareholders equity accounts of Sandhill Corp. at year end:

		2018		2017
Preferred shares, 3,900 shares in 2018; 2,940 in 2017		$390,000		$294,000
Common shares, 57,100 shares in 2018; 43,500 in 2017		571,000		435,000
Retained earnings		520,000		395,000
Cash dividends declared (preferred shares)		16,450		14,700
Dividends payable		4,072		3,442

Additional information:

1.		During the year, 960 preferred shares were issued. No preferred shares were repurchased.
2.		During the year, 24,000 common shares were issued after 10,400 common shares were repurchased at $11 per share.

Determine the amounts of any cash receipts or payments related to the shareholders equity accounts in 2018.

Issue of common shares

$

Issuance of preferred shares

$

Payment of dividends

$ Determine the amounts of any cash receipts or payments related to the shareholders equity accounts in 2018.

Issue of common shares		$
Issuance of preferred shares		$
Payment of dividends		$

Indicate where each of the cash receipts or payments identified above would be classified on the statement of cash flows or accompanying notes.

Issue of common shares		Operating activitiesFinancing activitiesInvesting activitiesNon cash activities
Issuance of preferred shares		Operating activitiesFinancing activitiesInvesting activitiesNon cash activities
Payment of dividends		Operating activitiesFinancing activitiesInvesting activitiesNon cash activities