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, 300 Purchase of equipment 148 , 000 Proceeds from the sale of equipment 129, 000 Repayment of outstanding bonds 88, 500 Purchase of treasury stock 63, 500 Issuance of common stock 97, 500 Purchase of land 118 , 000 Increase in accounts receivable during the year 44, 500 Decrease in accounts payable during the year 76, 500 Payment of cash dividends 36, 500 K Net cash flows from investing activities for the year were: Multiple Choice O $137,000 of net cash provided. O $122,700 of net cash used. O $137,000 of net cash used. O $225,500 of net cash provided. O $258,000 of net cash used