Company a purchased 1% of company b's outstanding stock for $50,000 as a short-term investment. Which of the following related to the purchase will be found in the statement of cash flows?
a. Operating activities: $50,000, cash outflow
b. Operating activities: $50,000, cash inflow
c. Financing activities: $50,000, cash outflow
d. Investing activities: $50,000, cash outflow