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Sunland Company provided the following information on selected transactions during 2021: Purchase of land by issuing bonds $1020000 Proceeds from issuing bonds 2930000 Purchases of
Sunland Company provided the following information on selected transactions during 2021:
Purchase of land by issuing bonds | $1020000 |
Proceeds from issuing bonds | 2930000 |
Purchases of inventory | 3770000 |
Purchases of treasury stock | 608000 |
Loans made to affiliated corporations | 1370000 |
Dividends paid to preferred stockholders | 396000 |
Proceeds from issuing preferred stock | 1690000 |
Proceeds from sale of equipment | 306000 |
The net cash provided (used) by investing activities during 2021 is
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