In preparing its cash flow statement for the year ended December 31, Year 4, Reve Co. collected the following data: Gain on the sale of equipment $ (6,000) Proceeds from the sale of equipment 10,000 Purchase of A.S., Inc. bonds (par value $200,000) (180,000) Amortization of bond discounts 2,000 Dividends declared (45,000) Dividends paid (38,000) Proceeds from the sale of treasury stock (carrying amount $65,000) 75,000 In its December 31, Year 4, Statement of Cash Flows, what amount should Reve report as net cash used in investing activities? $176,000 $194,000 $188,000 $170,000