Swans Machinery Ltd Reported a Net Profit of $3 000

Swans Machinery Ltd reported a net profit of $3 000 000 for the year ended 30 June 2014.The following changes occurred in the statement of financial position:
$$\begin{array} { | l | r | } \hline & \begin{array} { c } \text { Increase } \\\text { (decrease) }\end{array} \\\hline \text { Equipment } & 250000 \\\hline \text { Accumulated depreciation } & 400000 \\\hline \text { Note payable } & 300000 \\\hline\end{array}$$
Additional information:
During the year Swans Ltd sold equipment with a cost of $250 000 and had accumulated depreciation of $120 000 for a gain of $50 000.
On 30 June 2014 Swans Ltd purchased equipment costing $500 000 with $200 000 in cash and a note payable for $300 000.
Depreciation expense for the year was $520 000
What is the amount of net cash from operating activities and net cash used in investing activities respectively for the year ended 30 June 2014?

A) $3 470 000; ($20 000)
B) $3 520 000; ($20 000)
C) $3 470 000; (200 000)
D) $3 520 000; ($500 000)