The aquistion cost of non-current assets as at 1 january 20x9 was $852,500 and as at 31 december 20x9 was $948,600. an asset which cost $20,000 in 20x7 had been disposed of during the year ended 31 december 20x9. the carrying amount of this asset at the time of disposal was $12,000. what is the cash outflow from investing activities during the year ended 31 december 20x9?
O $164,000
O $116,100
O $148,100
O $96,100