Cullumber Corporation engaged in the following cash transactions during 2017.
Sale of land and building $195,800
Purchase of treasury stock 41,500
Purchase of land 43,000
Payment of cash dividend 87,800
Purchase of equipment 57,900
Issuance of common stock 149,100
Retirement of bonds 101,300
Compute the net cash provided (used) by investing activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Statement of Cash Flow (partial)