Randy, Inc., had following cash transactions issued $50'000 of bonds, paid dividends of $8,000, sold long-term investments for $12,000, received $5,000 of dividend revenue, purchased treasury stock for $15,000, purchased new equipment for $19,000, and paid interests on loans for 5,000. The net cash flow from financing activities would be

A. $26,000 inflow

b. $27,000 inflow

c. $80,000 inflow

d. $20000 outflow