Chen Corporation had the following cash flows during 20X3.

Cash paid to purchase building........................................ $45,000 Cash paid for insurance............................................................. 750 Cash paid for dividends....................................................... 14,500 Cash paid to purchase land................................................. 15,000 Cash receipt from the issuance of stock........................... 10,000 Cash received from customers............................................ 15,000 Interest received on long-term investments........................ 7,500 Cash paid for wages................................................................ 9,000

Given this information, net cash inflow (outflow) from financing activities is:

negative $4,500

$30,000

negative $19,500

$25,500