During the year ending December 31, 2020, Recapitalize Company paid $ 8,000,000 when the exercised a call option to retire bonds that currently had a book value of $ 7,800,000. Those were the only bonds thatRecapitalize had outstanding, and a total of $ 400000 of interest had been paid on those bonds during the year before they were retired. In addition, during the year Recapitalize issued Common Stock, receiving $ 6,000,000 from the issuance. Dividends paid on all common stock, including common stock issued in previous years, totaled $ 950,000.When preparing their Statement of Cash Flows for the year-ending December 31, 2020, whatis the amount of "Cash Provided By (Used by) Financing Activity" for the year-ending December 31, 2020? RecapitalizeCompany prepares financial statements in accordance with US GAAP.

A.Cash Used by Financing Activity $ 2,000,000 B.Cash Used by Financing Activity $ 2,200,000 C.Cash Used by Financing Activity $ 2,600,000 D.Cash Used by Financing Activity $ 2,950,000 E.Cash Used by Financing Activity $ 3,350,000