29. In the year ending 31 December, North Lakes Co. Ltd paid $20,000 cash for the purchase of machinery, loaned $8,000 to another company, borrowed $4000 from a bank, and sold investments for $6,000 cash. What was the net cash flow from investing activities for the year ending 31 December? ($24 000) ($18 000) ($28 000) ($20 000) 30. Big Deals, Inc., had the following cash flows during March Paid for inventory $2 000 Paid wages to employees 4 000 Received from cash sales 10 000 Paid for equipment 6 000 Received a loan 7 000 What was the cash flow from investing activities? $6000 outflow $5000 inflow $12 000 outflow $8000 outflow D31 Sales on credit for the year totalled $125 000. The following information is also available: Accounts receivable balance Beginning of year $25 000 End of year 30 000 Bad debts written off during the year: $10 000 How much cash was collected from customers during the year? $70 000 $155 000 $110 000 $130 000 32. Joyce Ltd had cash sales of $80 000 in January, Accounts receivable decreased by $10 000 during January and there were no credit sales and no bad debts. How much cash was collected from customers in January? $60 000 $70 000 $90 000 $80 000