During 2018, Marigold Corp. had the following activities related to its financial operations:

Carrying value of convertible preferred stock in Marigold,converted into common shares of Marigold$546000Payment in 2018 of cash dividend declared in 2017 to preferred shareholders

274000

Payment for the early retirement of long-term bonds payable (carrying amount $3933000)

3978000Proceeds from the sale of treasury stock (on books at cost of $383000)

446000

The amount of net cash used in financing activities to appear in Marigold's statement of cash flows for 2018 should be

$3260000.

$3806000.

$2986000.

$3824000.