Blair Madison Co. issues $2.2 million of new stock and pays $311,000 in cash dividends during the year. In addition, the company took advantage of falling interest rates to borrow $1.62 million in a new bond issue and paid off existing bonds with a face value of $2.60 million. The company bought 512 of another company's $1,120 bonds at a $112,000 premium. The net cash flow provided by financing activities is: Multiple Choice An inflow of $909,000. An inflow of $980,000. An outflow of $311,000. An outflow of $112,000