The following information is available to prepare a company's statement of cash flows for the year just ended: Loss on sale of equipment Purchase of equipment Proceeds from sale of equipment $7,000 112,500 53,000 Rrepayment of outstanding bonds 43,500 Purchase of treasury stock 12.500 Issuance of common stock 48,000 Purchase of land 57,500 Increase in accounts receivable during the year 16,500 Decrease in accounts payable during the year 37,500 Payment of cash dividends 17,500