State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows:
a. Sold 5,000 shares of $30 par common stock for $45 per share. b. Sold equipment with a book value of $42,500 for $41,000. c. Purchased land for $120,000 cash. d. Purchased 5,000 shares of $30 par common stock as treasury stock at $50 per share. e. Sold a new issue of $100,000 of bonds at 101. f. Paid dividends of $1.50 per share. There were 30,000 shares issued and 5,000 shares of treasury stock. g. Retired $500,000 of bonds, on which there was $2,500 of unamortized discount, for $501,000. h. Purchased a building by paying $30,000 cash and issuing a $90,000 mortgage note payable
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