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	$ 14,000
Purchase of equipment	$145,000
Proceeds from the sale of equipment	$126,000
Repayment of outstanding bonds	$ 80,000
Issuance of common stock	$ 40,000
Purchase of land	$115,000
Increase in accounts receivable during the year	$ 43,000
Decrease in accounts payable during the year	$ 75,000
Payment of cash dividends	$ 60,000

Net cash used by investing activities for the year was: