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: retired $400,000 of bonds, on which there was $3,000 of unamortized discount, for $411,000. sold 20,000 shares of $5 par common stock for $22 per share. sold equipment with a book value of $55,800 for $60,000. purchased land for $650,000 cash. purchased a building by paying $50,000 cash and issuing a $450,000 mortgage note payable. sold a new issue of $500,000 of bonds at 98. purchased 10,000 shares of $40 par common stock as treasury stock at $50 per share. paid dividends of $1.50 per share. there were 1,000,000 shares issued and 120,000 shares of treasury stock. effect amount a. $ b. $ c. $ d. $ e. $ f. $ g. $ h. $