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Swifty Corporation provided the following information on selected transactions during 2021: Purchase of land by issuing bonds$1070000 Proceeds from issuing bonds2960000Purchases of inventory3810000Purchases of treasury
Swifty Corporation provided the following information on selected transactions during 2021:
Purchase of land by issuing bonds$1070000
Proceeds from issuing bonds2960000Purchases of inventory3810000Purchases of treasury stock602000
Loans made to affiliated corporations1400000
Dividends paid to preferred stockholders408000
Proceeds from issuing preferred stock1550000
Proceeds from sale of equipment300000
The net cash provided by financing activities during 2021 is
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