Lab Industries, Inc., issued $56,000 of bonds, paid cash dividends of $8,600, sold long-term investments for $12,600, received $5,600 of dividend revenue, purchased treasury stock for $15,600, and purchased new equipment for $19,600.

What is the net cash flow from financing activities?

$30,400 outflow.

$31,800 inflow.

$19,600 inflow.

$65,600 inflow.