During 2020, the Damon Company had the following transactions: 1. Purchased $197,700 of 10-year bonds issued by the Gallant Company. 2. Purchased common stock in the Morceau Company, as a long-term investment, for $66,600. 3. Acquired land valued at $197,700 in exchange for one of Canarie's warehouses. 4. Sold equipment with original cost of $74,800 for $37,400; accumulated depreciation on the equipment sold was $42,400. 5. Purchased new equipment for $66,600. Prepare the investing section of the statement of cash flows. (Enter amounts that decrease cash flow either with a negative sign preceding the number, eg.-15,000 or parenthesis es (15,000).) Investing Activities Cash payments for investments Cash payments for equipment Proceeds from sale of equipment 66600 37400 Net cash used in investing activities V $