Problem:
Putnam Corporation had these transactions during 2014.
- Purchased a machine for $30,000, giving a long-term note in exchange.
- Issued $50,000 par value common stock for cash.
- Issued $200,000 par value common stock upon conversion of bonds having a face value of $200,000.
- Declared and paid a cash dividend of $13,000.
- Sold a long-term investment with a cost of $15,000 for $15,000 cash.
- Collected $16,000 of accounts receivable.
- Paid $18,000 on accounts payable.
Required:
Question: Analyze the transactions and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or noncash investing and financing activities.
Note: Please show the work not just the answer.