In preparing a company's statement of cash flows for the year just ended, the following information is available: Loss on the sale of equipment $12,000 Purchase of equipment $155,000 Proceeds from the sale of equipment $126,000 Repayment of outstanding bonds $91,000 Purchase of treasury stock $69,000 Issuance of common stock $90,000 Purchase of land $116,000 Increase in accounts receivable during the year $42,000 Decrease in accounts payable during the year $71,000 Payment of cash dividends $43,000 Net cash flows from financing activities for the year were: 1. $133,000 of net cash used by financing activities. 2. $113,000 of net cash used by financing activities. 3. $281,000 of net cash used by financing activities. 4. $234,000 of net cash used by financing activities. 5. $160,000 of net cash used by financing activities