Keller Inc What Was Keller's Cash Flow from Investing Activities for the

Multiple Choice

Keller Inc. had the following activities during the year: $$\begin{array} { | l | r | } \hline \text { Proceeds from the sale of land } & \$ 346,000 \\\hline \text { Gain on sale of land } & \$ 46,000 \\\hline \text { Proceeds from the issue of common shares } & \$ 800,000 \\\hline \text { Purchase of equipment } & \$ 450,000 \\\hline\end{array}$$ What was Keller's cash flow from investing activities for the year?

A) $300,000 Cash outflow from investing activities.
B) $796,000 Cash inflow from investing activities.
C) $150,000 Cash inflow from investing activities.
D) $104,000 Cash outflow from investing activities