When preparing a company's statement of cash flows for the most recent year, the following information is available:

 Loss on sale of equipment $14,400 

Purchase of equipment 149,000 

Proceeds from sale of equipment 130,000 

Repayment of outstanding bonuses 89,000 

Purchase of treasury shares 64,000

 Issuance of common shares 98,000 

Purchase of land 119,000 

Increase in accounts receivable during the year 45,000 

Decrease in accounts payable during the year 77,000 

Cash dividend payments 37,000 

Calculate net cash flows from investing activities for the year.