In preparing a company's statement of cash flows for the most recent year, the following information is available:
Loss on the sale of equipment $13,000
Purchase of equipment $148,000
Proceeds from the sale of equipment $129,000
Repayment of outstanding bonds $87,000
Purchase of treasury stock $67,000
Issuance of common stock $90,000
Purchase of land $114,000
Increase in accounts receivable during the year $50,000
Decrease in accounts payable during the year $72,000
Payment of cash dividends $39,000
Net cash flows from investing activities for the year were:
$133,000 of net cash provided by investing activities.
$268,000 of net cash used by investing activities.
$125,000 of net cash used by investing activities.
$133,000 of net cash used by investing activities.
$158,000 of net cash provided by investing activities.