Question
Bonita Industries provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1020000 Proceeds from issuing bonds 3040000 Purchases
Bonita Industries provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1020000 Proceeds from issuing bonds 3040000 Purchases of inventory 3840000 Purchases of treasury stock 609000 Loans made to affiliated corporations 1440000 Dividends paid to preferred stockholders 405000 Proceeds from issuing preferred stock 1560000 Proceeds from sale of equipment 306000 The net cash provided (used) by investing activities during 2021 is O $(4569000). $306000. O $(2154000). $(1134000).
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