Flow Company has provided the following information for the year ended December 31, 2022: Cash paid for interest, $20,000 Cash paid for dividends, $6,000 Cash dividends received, $4,000 Cash proceeds from bank loan, $29,000 Cash purchase of treasury stock, $11,000 Cash paid for equipment purchase, $27,000 Cash received from issuance of common stock, $37,000 Cash received from sale of land with a $32,000 book value, $25,000 Acquisition of land costing $51,000 in exchange for preferred stock issuance Payment of a $100,000 note payable by exchanging used machinery with a $77,000 book value and $100,000 fair value How much was Flow's net cash flow from financing activities?

A) A net outflow of $51,000.

B) A net inflow of $29,000.

C) A net outflow of $53,000.

D) A net inflow of $49,000.