State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, 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 $78,000 for $94,000.

b. Sold a new issue of $250,000 of bonds at 102.

c. Retired $400,000 of bonds, on which there was $4,000 of unamortized discount, for $475,000.

d. Purchased 3,000 shares of $30 par common stock as treasury stock at $40 per share.

e. Sold 4,000 shares of $25 par common stock for $50 per share.

f. Paid dividends of $1.50 per share. There were 40,000 shares issued and 5,000 shares of treasury stock.

g. Purchased land for $287,000 cash.

h. Purchased a building by paying $60,000 cash and issuing a $50,000 mortgage note payable.


Answer:
a. Cash receipt, $94,000
b. Cash receipt, $255,000
c. Cash payment, $475,000
d. Cash payment, $120,000
e. Cash receipt, $200,000
f. Cash payment, $52,500
g. Cash payment, $287,000
h. Cash payment, $60,000