In preparing a company's statement of cash flows for the most recent year, Ransom Corp. reported the following information:

Repayment of outstanding bonds	$	107,000
Purchase of treasury stock		62,000
Issuance of common stock		46,000
Payment of cash dividends		15,000

Net cash flows from financing activities for the year were:

Multiple Choice

• $230,000 of net cash used.

• $230,000 of net cash provided.

• $108,000 of net cash used.

• $138,000 of net cash used.

• $138,000 of net cash provided.