In preparing Endora Company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $4,800 Purchase of equipment with cash 190,000 Cash proceeds from the sale of equipment 55,000 Repayment of outstanding bonds 120,000 Purchase of treasury stock 82,000 Issuance of common stock 125,000 Cash sale of land 150,000 Increase in the accounts receivable during the year 3,200 Decrease in accounts payable during the year 7,800 Payment of cash dividends 15,000

Net cash flows from investing activities for the year were:

$285,000 of net cash used.

$15,000 of net cash provided.

$150,000 of net cash provided.

$135,000 of net cash used.