During 2014, Lowes Company sold equipment with a book value of $90,000 for proceeds of $109,000. The company purchased new equipment for $240,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2014. The investing section of the statement of cash flows will report

Answer

		net cash outflows of $226,000.
		net cash outflows of $131,000.
		net cash inflows of $109,000.
		net cash inflows of $14,000.