Over the past year, Westbrook Printing Services paid dividends of $45,700 to stockholders, had cash flow from assets of $42,500, and raised new equity of $5,200. The interest paid was $3,200. What is the amount of the net new borrowing?

A. -$1,200

B. -$5,200

C. $11,600

D. $5,200

E. $1,200