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 $ 14,200 Purchase of equipment 147,000 Proceeds from the sale of equipment 128,000 Repayment of outstanding bonds 88,000 Purchase of treasury stock 63,000 Issuance of common stock 97,000 Purchase of land 117,000 Increase in accounts receivable during the year 44,000 Decrease in accounts payable during the year 76,000 Payment of cash dividends 36,000 Net cash flows from investing activities for the year were: