The following are several items involving Meyer Corporation's cash flow activities for 2020:

Receipt from issuance of common stock, $30,000

Payment for purchase of equipment, $80,000

Proceeds from sale of land, $180,000

Depreciation expense, $20,000

Gain on sale of land, $5,000

Payment of dividends, $21,000

Decrease in accounts payable, $8,000

Purchased land by issuing a notes payable of $50,000

Using the information provided, determine the Cash Flow Provided (Used) By Investing Activities that would be disclosed on the Statement of Cash Flows

$50,000 $105,000 $55,000 $100,000