Effect of transactions on cash flows
State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows:
a. Sold equipment with a book value of $65,000 for $83,000.
b. Sold a new issue of $400,000 of bonds at 98.
c. Retired $550,000 of bonds, on which there was $5,000 of unamortized discount, for $560,000.
d. Purchased 2,000 shares of $25 par common stock as treasury stock at $50 per share.
e. Sold 5,000 shares of $20 par common stock for $100 per share.
f. Paid dividends of $1.00 per share. There were 50,000 shares issued and 6,000 shares of treasury stock.
g. Purchased land for $320,000 cash.
h. Purchased a building by paying $40,000 cash and issuing a $60,000 mortgage note payable.