Question: Please show me step by step for the above answer Thanks 43. Jaunty Ltd provides the following information for the period ended 30 June 2015:

 Please show me step by step for the above answer Thanks

Please show me step by step for the above answer

Thanks

43. Jaunty Ltd provides the following information for the period ended 30 June 2015: $000 1 010 1 220 87 400 10 Opening balance plant and equipment Closing balance plant and equipment Depreciation expense for the year Opening balance of accumulated depreciation Closing balance of accumulated depreciation Loss on sale of plant and equipment for $90 000 cash Opening balance of land Closing balance of land Revaluation of land Carrying value Revalued to Purchase of land for shares with market value of 2 500 3 900 1 000 1 800 100 All transactions are in cash unless otherwise indicated. What is the net cash flow from investing activities? A. Net cash outflow $770 000 B. $0 C. Net cash inflow $230 000 D. Net cash outflow $860 000

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