In preparing a company's statement of cash flows for the most recent year the following is information 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 shares $62,000 Issuance of ordinary shares $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 investing activities for the year were: O a. 134000 of net cash from investing activities. O b. 134000 of net cash used in investing activities. O c. 120000 of net cash used in investing activities. Od. 252000 of net cash used in investing activities. O e. 221000 of net cash from investing activities