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Player's Ltd

Question 75

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Player's Ltd had the following activity during 2011: Proceeds from sale of long-term investments $156,000Gain on the sale of long-term investments 16,000Loss on the disposal of equipment  ($0 proceeds from disposal)  17,000 Proceeds from sale of preferred shares 182,000 Repayment of long-term debt 30,000\begin{array}{lr} \text {Proceeds from sale of long-term investments }&\$ 156,000 \\ \text {Gain on the sale of long-term investments } & 16,000\\ \text {Loss on the disposal of equipment }\\\text { (\$0 proceeds from disposal) } & 17,000 \\\text { Proceeds from sale of preferred shares } & 182,000 \\\text { Repayment of long-term debt } & 30,000\end{array}
-What was the cash flow from investing activities?


A) $16,000
B) $156,000
C) $173,000
D) $189,000

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