Calculate the net cash flow from investing actitivites, clearly indicate whether the net result is a cash inflow or cash outflow. Show full workings.

The following financial information relates to Bunney Ltd. All sales and purchases of inventory at Bunney are on credit. There were no non-current asset disposals in 2019 or 2020. Other expenses include depreciation expense of $48 000. Bunney Ltd Comparative Statements of Financial Position as at 30 June 2019 2020 Assets Cash at bank $ 31 000 $ 45 000 Accounts receivable 78 000 69 000 Inventory 120 000 180 000 Property, plant and equipment (net) 170 000 162 000 Total Assets 399 000 456 000 Liabilities Accounts payable 73 000 71 000 Other accrued expenses - current 24 000 19 000 Total Liabilities 97 000 90 000 Net Assets 302 000 366 000 Equity Share capital 200 000 200 000 Retained earnings 102 000 166 000 Total Equity $ 302 000 $ 366 000 Bunney Ltd Income Statement For the year ended 30 June 2020 Sales Cost of sales GROSS PROFIT Expenses: Other expenses PROFIT $ 950 000 ( 630 000) 320 000 (188 000) $ 132 000