Melmore Ltd Had the Following Activity During 20X7 What Is the Cash Flow from Investing Activities?
A) $16,000

Melmore Ltd had the following activity during 20X7: $$\begin{array} { | l | r | } \hline \text { Proceeds from sale of long-term investments } & \$ 156,000 \\\hline \text { Gain on the sale of long-term investments } & \$ 16,000 \\\hline \text { Loss on the disposal of equipment (\$0 proceeds from disposal) } & \$ 17,000 \\\hline \text { Proceeds from sale of preferred shares } & \$ 182,000 \\\hline \text { Repayment of long-term debt } & \$ 30,000 \\\hline\end{array}$$ What is the cash flow from investing activities?

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