Statement of Cash Flows

Tifton & Co. had the following cash transactions during the current year:

Proceeds from issuance of common stock	$400,000
Payment of dividends	100,000
Payment for purchase of land	75,000
Proceeds from issuance of bonds payable	300,000
Payment for purchase of treasury stock	80,000
Proceeds from sale of equipment	100,000
Payment for purchase of building	500,000

Prepare the investing activities section of Tifton's statement of cash flows. Use a minus sign to indicate cash outflows, a decrease in cash or cash payments.