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 $5,000 Purchase of equipment $215,000 Proceeds from the sale of equipment $104,600 Repayment of outstanding bonds $87,000 Purchase of treasury stock $25,000 Issuance of common stock $96,000 Purchase of land $117,000 Increase in accounts receivable during the $33,000 year 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