Smiley Cоrp.'s trаnsаctiоns fоr the yeаr ended December 31, 2021 included the following: Purchased real estate for $1,250,000 cash which was borrowed from a bank. Sold available-for-sale securities for $1,000,000. Paid dividends of $1,200,000. Issued 500 shares of common stock for $500,000. Purchased machinery and equipment for $250,000 cash. Paid $900,000 toward a bank loan. Reduced accounts receivable by $200,000. Increased accounts payable $400,000. Required: Prepare, in good form, the investing activities section of Smiley’s statement of cash flows. Prepare, in good form, the financing activities section of Smiley’s statement of cash flows.