12. The Jones Brothers paid $123,600 in interest over the year, along with $88,000 in dividends. The company issued $130,000 of stock and $50,000 of new debt. During the year, the company reduced the balance due on the old debt by $435,000. What is the amount of the cash flow to creditors for the year? a. $261,400 b. $361,400 c. $385,000 d. $508,600 e. $608,600