Miranda's Calculators, Inc. is a retailer of mid-grade calculators. The statement of cash flows for the company's previous period is as follows:

Item	Amount
Cash Flows from Operating Activities	$3,000
Cash Flows from Investing Activities	($30,000)
Cash Flows from Financing Activities	$50,000

From this information, the most likely explanation is that Miranda is:

1. Issuing stock to fund operations.
2. Paying back long-term debt.
3. Assuming long-term debt and using it to purchase long-term assets.
4. None of the above are viable explanations.