Divine Ltd reported the following information for the year ended 30 June 2021:

	2021	2020
	$	$
Land	300,000	250,000
Buildings	650,000	175,000
Accumulated depreciation	(235,000)	(100,000)
Plant	570,000	490,000
Accumulated depreciation	(280,000)	(175,000)
Asset revaluation surplus - land	45,000	10,000

Additional information:

• Land was revalued during the year. The tax rate is 30%.
• Plant with a cost of $60,000 and an accumulated depreciation of $15,000 was sold for cash during the year. A gain on sale of plant $18,000 was recorded in the profit or loss statement.
• Plant was also purchased during the year.
• A new building was purchased: $350,000 was paid for by borrowing arrangements with the bank and the balance was paid in cash. There were no buildings sold.

Required:

Calculate and prepare Cash Flows from Investing Activities (an extract from the Statement of Cash Flows) in accordance with AASB107 for the year ended 30 June 2021. (12 marks)