Melmore Ltd had the following activity during 20X7: Proceeds from sale of long-term investments $156,000 Gain on the sale of long-term investments $16,000 Loss on the disposal of equipment ($0 proceeds from disposal) $17,000 Proceeds from sale of preferred shares $182,000 Repayment of long-term debt $30,000

What is the cash flow from investing activities?

A - $189,000

B - $156,000

C - $16,000

D - $173,000