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The following financial information is available for Ligutti Company:

	2018	2017
Cash and cash equivalents	$ 12,000	$15,000
Accounts receivable	25,000	22,000
Buildings	108,000	45,000
Accumulated depreciation	(20,000)	(16,000)
Land	30,000	20,000
	$155,000	$86,000
Accounts payable	$ 26,000	$22,000
Long-term notes payable	50,000	20,000
Common stock	50,000	30,000
Retained earnings	29,000	14,000
	$155,000	$86,000

Additional information for Ligutti Company:

	Dividends paid totaled $15,000.
	Net income was $30,000 (no income tax).
	No buildings were sold during the year.

What was the net cash provided by (used in) financing activities?

a. $45,000

b. $10,000

c. $35,000

d. $25,000