Flash Limited had the following cash flows during the reporting period: $80 000 Purchase of intangibles $36 000 Proceeds from sale of plant Receipts from customers $853 000 $696 000 Payments to suppliers Interest received $ 36 500 Income taxes paid $57 000 The net cash flows from operating activities was: Select one: a. $220 000 b. $193 500 c. $187 000 d. $136 500 The following information was extracted from the records of Vincent Limited: Opening balance of machinery: $840 000 Closing balance of machinery: $950 000 Cost of new machinery: $240 000 Proceeds from sale of machinery: $48 000 (Cost $120 000; Carrying amount $40 000) The total cash flows from investing activities is determined as: Select one: a. $192 000 cash outflow. b. $240 000 cash outflow. c. $288 000 cash inflow d. 848 000 cash inflow