Each of these items must be considered in preparing a statement of cash flows for Irvin Co. For each item, state how it should be shown in the statement of cash flows for 2017, (a) Issued bonds for $200,000 cash. Cash Inflow from Investing Activity (b) Purchased equipment for $180,000 cash. Cash Outflow from Financing Activity (c) Sold land costing $20,000 for $20,000 cash. Cash Outflow from Investing Activity (d) Declared and paid a $50,000 cash dividend Cash Inflow from Investing Activity Tavthank and Media