4 . In preparation for developing it’s statement of cash flows for the year just ended .
Meisenhelder Distributors collected the following information !
|’} in
millions*
Purchase Of treasury bills ( considered a cash Equivalent’;
Sale of preferred stock
150^
Gain on sale of land
4
Proceeds from sale of land
25
Issuance of bonds parable for cash
140)
Purchase Of equipment for cash
Purchase Of GE stock
75
Declaration of cash dividends
134
Payment of cash dividends declared in previous Year
130
Purchase Of treasury’ Stock
120
Payment for the early extinguishment of long-term notes ( carrying ( book)
value : $100 million ;
1 10
Required .
Prepare the investing and financing activities section of Meisenhelder’s Statement of Cash
Flows .