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25. A summary of the entries in the Cash account of Staple Ltd for the month of January was as follows: $ Cash from accounts

25. A summary of the entries in the Cash account of Staple Ltd for the month of January was as follows:

$

Cash from accounts receivable

40 000

Cash sales

25 000

Dividends received

10 000

Cash from issue of shares

60 000

Payments to accounts payable

30 000

Payments for wages

15 000

Purchase of land

20 000

Payment of dividends

20 000

Purchase of plant

45 000

Payment of taxes

25 000

Payment of interest

10 000

What was the cash flow from investing activities of Staple Ltd?

a.

($5,000)

b.

($45,000)

c.

($65,000)

d.

$50,000

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