Jaunty Ltd Provides the Following Information for the Period Ended

Jaunty Ltd provides the following information for the period ended 30 June 2015: $\begin{array}{|l|lr|} \hline&{\text { \$0 }} \\\hline \text { Opening balance plant and equipment } & 1010 \\\hline \text { Closing balance plant and equipment } & 1220 \\\hline \text { Depreciation expense for the year } & & 87 \\\hline \text { Opening balance of accumulated depreciation } & & 400\\\hline \text { Closing balance of accumulated depreciation } & \\\hline \text { Loss on sale of plant and equipment for } \$ 90000 \text { cash } & \\\hline \text { Opening balance of land } & 2500 \\\hline \text { Closing balance of land } & 3900 \\\hline \text { Revaluation of land } & \\\hline \text { Carrying value } & 1000 \\\hline \text { Revalued to } & 1800 \\\hline\text { Purchase of land for shares with market value of }&100\\\hline\end{array}$ 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