Parkhill Company purchased treasury stock with a cost of $216,000 during 2020. during the year, the company pay dividends of $220,000 and issued bonds payable for proceeds of $650,000. Cash flows from financing activities for 2020 total.

Parkhill Company purchased treasury stock with a cost of $216,000 during 2020. During the year, the company paid dividends of $220,000 and issued bonds payable for proceeds of $650,000. Cash flows from financing activities for 2020 total $214,000 net cash inflow. b. $256,000 net cash inflow. $260,000 net cash outflow. $244,000 net cash inflow