"Alpha Company" land account decreased by €360,000 due to a cash sale of equal value. The balance of the equipment account increased by €80,000 as a result of a cash purchase, and the balance of the bonds payable account increased by €260,000 resulting from issuance of new bonds at face value. Based on the above information, the amount of net cash flows from operating activities is: a. 260,000 b. 280,0.00 c. None of the given answers is correct d.360,000 e. 540,000