Heady Ltd Provides the Following Information for the Period Ended

Heady Ltd provides the following information for the period ended 30 June 2014: $\begin{array}{|l|r|} \hline& \$ 0 \\\hline \text { Opening balance loans } & 200 \\\hline \text { Closing balance loans } & 450 \\\hline \text { Opening balance of interest payable } & 90 \\\hline \text { Closing balance of interest payable } & 84 \\\hline \text { Interest expense } & 10 \\\hline \text { Opening balance of retained earnings } & 670 \\\hline \text { Closing balance of retained earnings } & 710\\\hline \text { Opening balance of share capital } & 6000 \\\hline \text { Closing balance of share capital } & 6890 \\\hline \text { Opening balance of dividends payable } & 540 \\\hline \text { Closing balance of dividends payable } & 600 \\\hline \text { Dividends proposed (statement of comprehensive income) } & 600 \\\hline \text { Opening balance asset revaluation reserve } & 740 \\\hline \text { Closing balance asset revaluation reserve } & 900 \\\hline \text { Purchase of land for shares with market value of } & 890\\\hline\end{array}$ During the period Sonic Co Ltd issued debentures with a face value of $2 000 000 at a discount of $260 000.All transactions are in cash unless otherwise indicated.What is the net cash flow from financing activities for the period?

A) Net cash outflow $1 450 000
B) Net cash outflow $6000
C) Net cash inflow $1 154 000
D) Net cash inflow $1 390 000