A company reported the following information for a financial year:

Profit from ordinary activities before income tax expense	140 000
Income tax expense	70 000
Depreciation expense	12 000
Issue of shares	160 000
Loan made to another company- long term	30 000
Increase in accounts receivable	4 000
Decrease in inventories	6 000
Cash received from long term loans receivable	18 000
Dividends paid	100 000

What is the net cash inflow (outflow) from financing activities?

Select one:

$60 000 net cash inflow

$(8 000) net cash outflow.

$52 000 net cash inflow.

$62 000 net cash inflow.

None of these