In preparation for developing its statement of cash flows for the year just ended, D$-$Rose Distributors collected the following information:

$($$ in

millions$)$

Purchase of treasury bills $($considered a cash equivalent$)6$

Sale of preferred stock $150$

Gain on sale of land $4$

Proceeds from sale of land $25$

Issuance of bonds payable for cash $140$

Purchase of equipment for cash $30$

Purchase of GE stock $35$

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$)110$

Required:

$1.$ Prepare the investing activities section of D$-$Rose's statement of cash flows.

$2.$ Prepare the financing activities section of D$-$Rose's statement of cash flows.