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 $87,000 Purchase of treasury stock $62,000 Issuance of common stock $96,000 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 $35,000 Net cash flows from financing activities for the year were: A. $206,000 of net cash used by financing activities. B. $130,000 of net cash used by financing activities. C. $222,000 of net cash used by financing activities. D. $88,000 of net cash used by financing activities. E. $165,000 of net cash used by financing activities.