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Following information is for solving questions in this section below. The 2020 and 2021 statements of financial position of Elizabeth's Bicycle Shop Inc. showed the

Following information is for solving questions in this section below. The 2020 and 2021 statements of financial position of Elizabeth's Bicycle Shop Inc. showed the following

As of December 31, 2020 As of December 31, 2021
Long Term Debt 1,600,000 1,750,000
Common Stock 855,000 915,000
Accumulated Retained Earnings 5,200,000 5,500,000
Interest Paid in 2021 160,000
Dividends Paid in 2021 465,000
Net Capital Spending in 2021 1,450,000
Reduction in Net Working Capital in 2021 55,000

What was the firm's cash flow to creditors (bondholders) during 2021?

a. 21,000

b. -30,000

c. -15,000

d. 25,000

e. 10,000

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