Cristina Fashions SA Geneva had a net income of CHF 154'000 in 2020. Paolas balance Sheet includes the fllowing data:

2020 2019

Assets :

Cash 204 120

Accounts receivable 1248 1200

Inventory 1'848 1800

Total Currebt assets 3'300 3120

Fixes Assets PP&E 1'270 1200

Total Assets 4'570 4320

Liab & Equity :

Accounts Payable 1'476 1416

Intrest payable 48 24

Notes payable on banks (Debt) 180 240

Total Current liabilities 1'704 1680

Long Term debt 840 720

Deffered Taxes liabilites 744 720

Capital stock 960 960

Retained Earnings 322 240

Total Liab. 6 Equity 4'570 4320

Under the Us-GAAP, Cristina Fashions cash flow from financing for 2020 is (Compute and Choose):

1. +60000

2. -12000

3. 132000