At the beginning of its financial year, a company had share capital consisting of 100000 ordinary shares of $1 each. The following transactions occurred during the year: 1. The company issued 50000 ordinary shares at $1.40 each. 2. It then made a bonus issue of 15000 ordinary shares of $1 each. 3. A 12% debenture of $100000 was issued. 4. A bank loan of $75000 was repaid. What was the net cash inflow arising from these transactions?
- A$75000
- B$95000
- C$110000
- D$210000