Business, 05.05.2020 04:11 Maria3737

State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $260,000 of bonds, on which there was $2,600 of unamortized discount, for $270,000. Sold 7,000 shares of $10 par common stock for $16 per share. Sold equipment with a book value of $63,500 for $91,400. Purchased land for $333,000 cash. Purchased a building by paying $45,000 cash and issuing a $120,000 mortgage note payable. Sold a new issue of $320,000 of bonds at 99. Purchased 5,200 shares of $30 par common stock as treasury stock at $56 per share. Paid dividends of $1.90 per share. There were 26,000 shares issued and 4,000 shares of treasury stock.

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