Consider the following transactions:
Paid interest with cash $4,000
Paid cash dividends $45,000
Sold common stock for cash $1,200,000
Purchased treasury stock for cash $360,000
Sold bonds for cash $800,000
A) $1,685,000
B) $1,595,000
C) $1,560,000
D) $840,000
Paid interest with cash $4,000
Paid cash dividends $45,000
Sold common stock for cash $1,200,000
Purchased treasury stock for cash $360,000
Sold bonds for cash $800,000
What was the net cash inflow from financing activities?
A) $1,685,000
B) $1,595,000
C) $1,560,000
D) $840,000
Answer: B
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