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Given the following activities: Purchase of machinery $175,000 Repayment of bank loans 75,000 Sale to...

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Accounting

Given the following activities: Purchase of machinery $175,000

Repayment of bank loans 75,000

Sale to customer or account 60,000

Payment on mortgage payable 200,000

Payment to suppliers 65,000

Purchase of 30 day treasury bill 15,000

The cash outflows for investing and financing activities were:

a)investing $175,000; financing $310,000.

b)investing $190,000; financing $275,000.

c)investing $190,000; financing $310,000.

d)investing $175,000; financing $275,000.

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