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Flow Company has provided the following information for the year ended December 31, 2016: •Cash paid...

Flow Company has provided the following information for the year ended December 31, 2016: •Cash paid for interest, $20,500 •Cash paid for dividends, $6,100 •Cash dividends received, $4,100 •Cash proceeds from bank loan, $30,000 •Cash purchase of treasury stock, $11,500 •Cash paid for equipment purchase, $27,500 •Cash received from issuance of common stock, $37,500 •Cash received from sale of land with a $32,500 book value, $25,400 •Acquisition of land costing $51,500 in exchange for preferred stock issuance. •Payment of a $105,000 note payable by exchanging used machinery with a $77,500 book value and $105,000 fair value. How much was Flow's net cash flow from financing activities?

 A net inflow of $49,900.  A net inflow of $30,000.  A net outflow of $53,600.  A net outflow of $52,000.

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