The company made a net loss of $50,000 for the period ending 30 June 2019. Depreciation expense for the period was $100,000. The company made a gain on sale of $20,000 from selling their equipment, and a loss on sale of $15,000 from selling their land. Balances of asset and liability accounts are listed below: 30 June 2019 30 June 2018 $ $ Cash 55,000 25,000 Accounts Receivable 20,000 60,000 Inventories 15,000 50,000 Prepaid Insurance 10,000 5,000 62,000 78,000 Accounts Payable Interest Payable 52,000 11,000 Short term loan 12,000 50,000 What is the net cash flow from operations for the period ending 30 June 2019? (Note that for this question, the amount in brackets in the answers means a net outflow. For instance, $(100,000) means a net cash outflow of $100,000) Select one: O a. None of the given options O b. ($8,000) c. $140,000 O d. $30,000 e. $60,000 Consecutive balance sheets of ABC Ltd showed the following balances: 30 June 2009 30 June 2008 $ $ Land 800,000 500,000 Equipment 230,000 280,000 Accumulated depreciation - equipment (120,000) (100,000) During the year ended 30 June 2009, the following happened Land was revalued downwards by $50,000. The company did not sell any land during the year. The company did not revalue their equipment during the year as the market value did not change. The company sold a piece of equipment with original value of $50,000 and accumulated depreciation of $10,000, and made a gain on sale of $10,000. Assume the only non-current assets the company has are land and equipment. Assume all purchase and sale of non-current assets are for cash. How much was the net cash flow from investing activities for the year ended 30 June 2009? Ignore tax implications. (Note that for this question the amount in brackets in the answers means a net outflow. For instance, $(100,000) means a net cash outflow of $100,000) Select one: O a. $(580,000) O b. $400,000 O c. $350,000 O d. $(300,000) O e. none of the given options