Avatar Company is preparing its statement of cash flows using the indirect method. Refer to the following portion of the comparative balances sheet:

Additional information provided by the company includes the following:

1) During 2014, the company repaid $35,000 of Long-Term Notes Payable.

2) During 2014, the company borrowed $27,000 on a new Note Payable.

Based on the above information only, what amount of net cash flow would be shown in the financing section of the statement of cash flows?

A.($8,000)

B.$8,000

C.($62,000)

D.$62,000