Kollar Corp.s transactions for the year ended December 31, Year 6, included the following:

Purchased real estate for $550,000 cash borrowed from a bank Sold available-for-sale debt securities for $500,000 Paid dividends of $600,000 Issued 500 shares of common stock for $250,000

Purchased machinery and equipment for $125,000 cash Paid $450,000 toward a bank loan Reduced accounts receivable by $100,000 Increased accounts payable by $200,000

Kollars net cash used in financing activities for Year 6 was

A $450,000

B $500,000

C $250,000

D $50,000