Peter corporation reported the following transactions for 2019: 1. Sold equipment for $7,000. The original cost was $15,000; the book value is $6,000 2. Issued 2,000 shares of $5 par value common stock for $12 per share 3. Paid $3,000 for an insurance pgttcy which goes into effect in jariuary 2020 4. Recognized $2,000 in interest expense on Dec 31, 2019 - to be pald on April 30,2020 5. Recelved $8,000 as collections from customers for 2018 sales, and $18,000 for 2019 sales 6. Reacquired 300 shares of its own common stock at $20 per share 7. Recelved $2,000 in dividends on stock held as avallable for sale 8. Recorded depreciation expense for $5,000 9. Paid 51,000 of dividends to common stockholders 10. Purchased equipment costing 565,000 , by making a cash down payment of $20,000 and signing a note for the remaining $45,000. 11. Acquired a bullding witha market value of $250,000 by issuing 20,000 shares of common stock. 12. Paid salaries of $18,000 13. Cash recelved from sale of available for sale securities $6.000 14. Repaid a loan, which included $5.000 of the principal and $1,000 in interest Peter Corporation uses the direct method for prepating the 2019 Statement of Cash Flows. The net cash flow from financing activites is: Select one: a. 57,000 b. $18,000 c. $12,000 d. 517,000