In preparing a company's statement of cash flows for the most recent year, the following information is available:

Loss on the sale of equipment	$	14,200
Purchase of equipment		147,000
Proceeds from the sale of equipment		128,000
Repayment of outstanding bonds		88,000
Purchase of treasury stock		63,000
Issuance of common stock		97,000
Purchase of land		117,000
Increase in accounts receivable during the year		44,000
Decrease in accounts payable during the year		76,000
Payment of cash dividends		36,000

Net cash flows from investing activities for the year were:

• $224,000 of net cash provided.

• $136,000 of net cash used.

• $136,000 of net cash provided.

• $256,000 of net cash used.

• $121,800 of net cash used.