Concord Company issued common stock for proceeds of $390000 during 2020. The company paid dividends of $84000 and issued a long-term note payable for $96000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $20000. The financing section of the statement of cash flows will report net cash inflows of

$494000.

$370000.

$306000.

$286000.