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Sale of preferred stock: $ 150 million Gain on sale of land: 4 million Proceeds from sale of land: 25 million Issuance of bonds payable

Sale of preferred stock: $ 150 million Gain on sale of land: 4 million Proceeds from sale of land: 25 million Issuance of bonds payable for cash: 140 million Purchase of equipment for cash: 30 million Purchase of GE stock: 35 million Declaration of cash dividends: 134 million Payment of cash dividends declared in previous year: 130 million Purchase of treasury stock: 120 million Payment for the early extinguishment of long-term notes (carrying (book) value: $100 million): 110 million a) prepare investing activities sction of cash flow statement using indirect method b) prepare the financing activites of cash flow statement using indirect method

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