Saints Plc Is Preparing a Statement of Cash Flows for the Year

Saints Plc is preparing a statement of cash flows for the year ended 30 June 2014.You are the accountant of the entity and have collected the following data: $\begin{array}{|l|r|}\hline \text { Gain on sale of equipment } & 12,000 \\\hline \text { Proceeds from sale of equipment } & 20,000 \\\hline \text { Purchase of government bonds (dated 30 June 2014, face value of } \$ 400,000) & 360,000 \\\hline \text { Dividends declared } & 90,000 \\\hline \text { Dividends paid } & 76,000 \\\hline \text { Proceeds from issue of share capital } & 150,000\\\hline\end{array}$ What is the amount of net cash used in investing and financing activities respectively?

A) £20 000; (£286 000)
B) £(340 000) ; £74 000
C) £(348 000) ; (£22 000)
D) £(380 000) ; £74 000