47. The table below shows certain information from Medrano Company's 2020 accounting records. Sale of land $850,000 Gain on sale of land 80,000 Purchase of new office building 600,000 | Sale of old office building (at book value) | 200,000 Purchase of investment securities - bonds 50,000 Interest revenue from bond investments $10,000 Purchase of 35% of Bolivia Co. outstanding common shares (significant influence) $900,000 Cash dividends received from Bolivia Co. during the 2020 35,000 Cash dividends from various stock investments (no significant influence) 2,000 Reacquisition of Medrano stock 40,000 Medrano uses the equity method of accounting for the Bolivia investment. The investing activities section of Medrano's 2020 statement of cash flows will report net cash _flows of a out; $363,000 b. in; $400,000 c. out; $500,000 d. in; $15,000 e. None of these answers are correct