Reference no: EM133027612

Question - 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 $15,500

Purchase of equipment 160,000

Proceeds from the sale of equipment 141,000

Repayment of outstanding bonds 94,500

Purchase of treasury stock 69,500

Issuance of common stock 103,500

Purchase of land 130,000

Increase in accounts receivable during the year 50,500

Decrease in accounts payable during the year 82,500

Payment of cash dividends 42,500

Required - What the net cash flows from investing activities for the year?