Jarvis, Inc. reported net income of $34,000 for the year ended December 31, 2011. Included in net income was a gain on early extinguishment of debt of $60,000 related to bonds payable with a book value of $1,200,000. Each of the following accounts increased during 2011:
- Notes receivable $45,000
- Deferred tax liability $10,000
- Treasury stock $90,000
What is the amount of cash used by financing activities for Jarvis, Inc. for the year ended December 31, 2011?