During the fiscal year ending December 31, 2019, Treasury Company repurchased 100,000 shares of their outstanding common stock in a market transaction. The shares had originally been issued at a price of $ 15 per share on June 30, 1989, and were repurchased at a cost of $ 40 per share on August 31, 2019. After the share repurchase, Treasury Company had a total of 400,000 outstanding common shares. On November 15, 2019, Treasury Company declared their annual dividend of $ 1 per share, which was paid on December 7, 2019.

Assuming that the above transactions are the only Financing transactions for Treasury Company for the fiscal year ending December 31, 2019, what is the "Cash Provided By (Used By) Financing Transactions" for Treasury Company, as it appears on their Statement of Cash Flows for the year-ending December 31, 2019?

• Cash Used By Financing Activity in the amount of $ 400,000

• Cash Used by Financing Activity in the amount of $ 2,500,000

• Cash Used by Financing Activity in the amount of $ 2,900,000

• Cash Used by Financing Activity in the amount of $ 4,000,000

• Cash Used by Financing Activity in the amount of $ 4,400,000

• None of the above.