1. BehrenIncorporated had the following transactions:

• Issued stock for $15,000 cash
• Paid $2,000 in cash for dividends.
• Purchased a building for $35,000.
• Received cash revenues from customers for $50,000.
• Paidoperating expenses of $38,000.

1. Assuming that these are the only transactions, what is the amount of the net cash flows fromfinancingactivities onBehren'scash flow statement?
2. a.$20,000
3. b.$15,000
4. c.$13,000
5. d.$12,000