1. Red Ox Corporation's net income for the year ended December 31, 20X4, was $128,000. Red Ox has elected to report any interest paid as operating activities and any dividends paid as financing activities. Additional data for the 20x4 fiscal year is as follows: Red Ox issued a bond for $95,000. Depreciation expense for the 20X4 fiscal year was $12,000. The balance for the company's bank loan as at December 31, 20X3, was $240,000. The balance as at December 31, 20X4, was $215,000. Interest expense paid in the year was $3,000. Red Ox issued 500 common shares for $80 per share. Red Ox sold 10,000 shares in one of its investments, Blue Horn Inc., for $26,000. Red Ox declared a dividend of $16,000 that is to be paid on January 4, 20X5. . . What are Red Ox's net cash inflows from financing activities for the 20X4 fiscal year? a) $ 94,000 b) $107,000 c) $110,000 d) $136,000