Use the Following Information to Answer Questions
Player's Ltd

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

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