2. Taylor Corporation had the following activities:

• Recorded depreciation of $5,000
• Received cash from the sale of common stock, $20,000
• Purchased $10,000 of equipment with cash
• Paid $4,000 income tax
• Received $8,000 cash for the sale of an asset
• Paid cash dividends, $10,000

What is the amount of net cash flows from (used for) financing activities?

1. $25,000
2. $10,000
3. $(14,000)
4. $15,000