QUESTION 9

1. Sam Ltd acquires 100% of shares of Berry Ltd for $195,000, financed by an issue of 100,000 x $1.50 shares and $45,000 cash. Berry Ltd has cash balances of $35,000 at the date of acquisition. Sam Ltd will record the following in its consolidated statement of cash flows:

   		cash flow from investing ($195,000)
   		cash flow from investing ($450,000)
   		cash flow from investing ($10,000)
   		cash flow from investing ($35,000)