Burich Company reported short-term borrowings of $3.10 million, long-term borrowings of $6.86 million, repayments of long-term borrowings of $3.80 million, interest payments of $780,600, purchase of common stock shares for treasury of $1.10 million, and cash dividends declared of $2.60 million. What is the cash flow from financing activities?

Multiple Choice

$5,060,000 net cash inflow.

$1,960,000 net cash inflow.

$2,460,000 net cash inflow.

$640,000 net cash inflow.