Explain what effect the following transactions would have on cash

| October 3, 2018

Explain what effect the following transactions would have on cash and how they would be shown in a cash flow statement.1. A $2,000,000 piece for equipment is purchased with the proceeds of a new 12 month note.2. Mortgage bonds are retired with $790,000 cash and proceeds of an issue of 150,000 shares of common stock.3. $2,000,000 of inventory is purchased on account.4. A dividend of $0.25 per share is declared on the 750,000 outstanding shares.5. A piece of machinery is sold for $1,500,000 cash. When originally purchased, it cost Anwat $5,000,000, and currently has $2,500,000 of accumulated depreciation.

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