Q20. The working

Katsis Limited had the following cash flows during the reporting period: Purchase of intangibles $20 000 Proceeds from sale of plant $28 000 Receipts from customers $832 000 Payments to suppliers $593 000 Interest received $17 600 Income taxes paid $45 500 The net cash flows from operating activities was: a) $211 100. b) $219 100. c) $239 100. d) $256 600. a Learning Objective 3: Classify cash inflows and outflows into operating, financing activities