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	$	14,700
Purchase of equipment		152,000
Proceeds from the sale of equipment		133,000
Repayment of outstanding bonds		90,500
Purchase of treasury stock		65,500
Issuance of common stock		99,500
Purchase of land		122,000
Increase in accounts receivable during the year		46,500
Decrease in accounts payable during the year		78,500
Payment of cash dividends		38,500

Net cash flows from investing activities for the year were:

Multiple Choice

$141,000 of net cash used.

$231,500 of net cash provided.

$141,000 of net cash provided.

$266,000 of net cash used.

$126,300 of net cash used.