The Mills Company has made the following information available:

	Ending	Beginning
	Balance	Balance
Cash	$ ?	$107,000
Accounts Receivable	10,000	8,000
Inventory	4,000	12,000
Supplies	1,000	1,500
Prepaid Rent	3,500	2,000
Accounts Payable	15,000	10,000
Unearned Rent Revenue	6,000	3,500
Salaries Payable	1,000	3,000
Retained Earnings	266,000	?
Total Equity	?	500,000

During the year, the company recorded the following activities:

1. the purchase of equity securities in Haley Company; $10,000

2. the payment of cash dividends; $9,000

3. the purchase of treasury stock; $7,500

4. the sale of land costing $40,000; $50,000

5. the amortization of a premium on bonds payable; $2,000

6. the amortization of a discount on bonds payable; $5,000

7. the annual depreciation of plant and equipment; $16,000

8. annual accrual net income; $140,000

29. Net cash flows from operations for Mills during the year amounted to a

a.	$159,500 inflow.
b.	$179,500 inflow.
c.	$160,000 inflow.
d.	$161,500 inflow.
e.	None of the above.

30. Net cash flows from investing activities for Mills during the year amounted to a

a.	$31,000 inflow.
b.	$32,500 inflow.
c.	$40,000 inflow.
d.	$50,000 inflow.
e.	None of the above.