During the year, Penso Ltd received $60 000 from its customers, $7 000 for the sale of a motor vehicle and $50 000 for the issue of shares. It paid $34 000 to suppliers and employees, $4 000 for income tax and $40 000 for new machinery. In addition, it paid out $8 000 to redeem bonds. Its cash balance at the commencement of the year was $12 000.

What were the cash flows from investing activities?