Flow Company has provided the following information for the year ended December $31,2014$ :

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 receired 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.$