Canadian Beer reported equipment sold for $234 million cash and new equipment purchased $1,521 million cash. The equipment sold had a net book value of $162 million. Cash flow from investing activities would show:

-An inflow of $234 million and outflow of $1,521 million.

-Cash paid for equipment of $1,287 million.

-A net outflow of $1,359 million.

-An inflow of $234 million and outflow of $162 million.