State the effect (cash receipt or cash payment and amount) of each of the following transactions, considered individually, on cash flows: Retired $260,000 of bonds, on which there was $2,600 of unamortized discount, for $270,000. Sold 7,000 shares of $10 par common stock for $16 per share. Sold equipment with a book value of $63,500 for $91,400. Purchased land for $333,000 cash. Purchased a building by paying $45,000 cash and issuing a $120,000 mortgage note payable. Sold a new issue of $320,000 of bonds at 99. Purchased 5,200 shares of $30 par common stock as treasury stock at $56 per share. Paid dividends of $1.90 per share. There were 26,000 shares issued and 4,000 shares of treasury stock.

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)