The statement of cash flows for the Halyard Exploration Company reported the following:

Cash paid for equipment

$300,000

Cash paid to employees

400,000

Cash paid to owners

150,000

Cash paid to suppliers

560,000

Cash received from creditors

200,000

Cash received from customers

1,200,000

What were Halyard’s net cash flows from operating, investing, and financing activities?

Operating

Investing

Financing

a. $240,000

($300,000)

$50,000

b. $500,000

($860,000)

$200,000

c. $640,000

($860,000)

$200,000

d. $240,000

($860,000)

$200,000