Northeast Inc. is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from investing activities: Net income Gain on the sale of equipment Proceeds from the sale of equipment Depreciation expense-equipment Payment of bonds at maturity Purchase of land Issuance of common stock Increase in merchandise inventory Decrease in accounts receivable Increase in accounts payable Payment of cash dividends $182,000 12,300 92,300 50,000 100,000 200,000 300,000 35,400 28,800 23,700 32,000 Multiple Choice ($107700). $107700 ($200,000)