Fact Pattern:

Selected financial information for Kristina Company for the year just ended is shown below.

Net income	$2,000,000
Increase in net accounts receivable	300,000
Decrease in inventory	100,000
Increase in accounts payable	200,000
Depreciation expense	400,000
Gain on the sale of available-for-sale securities	700,000
Cash receivable from the issue of common stock	800,000
Cash paid for dividends	80,000
Cash paid for the acquisition of land	1,500,000
Cash received from the sale of available-for-sale securities	2,800,000

Question

Kristinas cash flow from financing activities for the year is

• A.$720,000

• B.$3,520,000

• C.$(80,000)

• D.$800,000