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 sales of equipment - $126,000 Repayment of outstanding bonds - $87,000 Purchase of treasury stock - $62,000 Issuance of common stock - $96,000 Purchase of Land - $115,000 Increase in A/R during the year - $43,000 Decrease in A/P during the year - $75,000 Payment of cash dividends - $35,000 Net cash flows from investing activities for the year were: A. $134,000 of net cash used by investing activities. B. $134,000 of net cash provided by investing activities. C. $120,000 of net cash used by investing activities. D. $252,000 of net cash used by investing activities. E. $221,000 of net cash provided by investing activities