In preparing Tywin Company's statement of cash flows for the most recent year, the following information is available: Purchase of equipment Proceeds from the sale of equipment Purchase of land $260,000 87,000 91,000 Net cash flows from investing activities for the year were: Multiple Choice $438,000 of net cash used, A company's income statement showed the following: net income, $130,000, depreciation expense, $38,000, and gain on sale of plant assets, $12,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,000, merchandise inventory increased $26,000, prepaid expenses increased $7.800 accounts payable increased $5.000. Calculate the net cash provided or used by operating activities Multiple Choice $138 200 5153 800