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

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

A) $104,000 outflow
B) $58,000 outflow
C) $696,000 inflow
D) $742,000 inflow