Schneider Golf Resort completed the following transactions during the year:
• Purchased 50 new golf carts at a total cost of $250,000. Schneider paid $100,000 cash and issued a three-year note payable to the manufacturer for the balance.
• Borrowed $50,000 from First National Bank.
• Sold 50 used golf carts for $90,000 cash. The carts had a book value of $110,000.
• Purchased a new tractor for $25,000 cash.
• Paid $2,000 in dividends to shareholders.
• Sold 1,000 shares of Nike stock for $45 per share.
Required
Prepare Schneider Golf Resort’s cash flows provided by investing activities and cash flows provided by financing activities sections of the statement of cash flows for the year.