21-7 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 Prepare the financing activities section of Tifton & Co.'s statement of cash flows. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. TIFTON & CO.

Statement of Cash Flows Current Year Financing Activities:

Proceeds from issuance of common stock $ 400,000

Payment of dividends $?

Proceeds from issuance of bonds payable $?

Payment for purchase of treasury stock $ ?

Net cash provided by financing activities $?