7. The following information is from the noncurrent liabilities and owners' equity portions of Colony LLC's balance sheet: December 31 2020 2019 Bonds payable $ 410,000 $330,000 Common stock 800,000 700,000 Retained earnings 995,000 950,000 The following activities occurred during 2020 Issued bonds for $80,000 cash Issued common stock for $100,000 cash Earned net income totaling $60,000 Paid cash dividends totaling $15,000 Required: Prepare the financing activities section of the statement of cash flows for Colony LLC for the year ended December 31, 2020.