During the year, we made a payment of long-term notes payable of $20,000 and borrowed $45,000 on a long-term note payable. Which of the following is correct for our statement of cash flows?

Group of answer choices

A. Net cash used for financing activities is ($25,000).

B. Net cash provided by investing activities is $25,000.

C. Net cash provided by financing activities is $25,000.

D. Net cash used for financing activities is ($45,000).