Reference no: EM132892098

Problem - Tifton & Co. had the following cash transactions during the current year:

Proceeds from issuance of common stock $400,000

Payment of dividends 100,000

Payment for purchase of land 75,000

Proceeds from issuance of bonds payable 300,000

Payment for purchase of treasury stock 80,000

Proceeds from sale of equipment 100,000

Payment for purchase of building 500,000

Required - Prepare the investing activities section of Tifton's statement of cash flows.