Perez Biofuels Company is preparing its statement of cash flows using the indirect method. Refer to the following information: Repayments on Long-term Notes Payable $58, 000 New borrowing on Long-term Notes Payable $20, 000 Which of the following statements is correct? A. Net cash provided by financing activities is $38, 000. B. Net cash provided by investing activities is $38, 000. C. Net cash used for investing activities is $ (58, 000). D. Net cash used for financing activities is $ (38, 000)