Cornett Company reported the following information: cash received from the issuance of common shares, \(\$ 125,400\); cash received from the sale of equipment, \(\$ 26,500\); cash paid to purchase an investment, \(\$ 12,800\); cash paid to retire a note payable, \(\$ 30,000\); cash collected from sales to customers, \(\$ 248,000\). What amount should Cornett report on its statement of cash flows as net cash flows provided by investing activities?

a. \(\$ 13,700\)

b. \(\$ 39,300\)

c. \(\$ 86,100\)

d. None of these