Browning Ltd provides the following information for the period ended 30 June 2023: Plant and equipment, 1 July 2022 $1,010,000 Plant and equipment, 30 June 2023 $1,220,000 Depreciation expense for the year $ 87,000 Accumulated depreciation, 1 July 2022 $ 400,000 Accumulated depreciation, 30 June 2023 $ 422,000 Sold equipment for cash during the year: Loss on sale $ 10,000 Historic cost $ 90,000 Accumulated depreciation $ 65,000 All purchases of plant and equipment are paid for in cash. What is Browning Ltds net cash flow from investing activities? a. Net cash outflow of $295,000 b. Net cash outflow of $285,000 c. Net cash outflow of $300,000 d. Net cash outflow of $280,000 e. Net cash outflow of $220,000