Selected information from Dinkel Company's 2015 accounting records is as follows: Proceeds from issuance of common stock $ 600,000 Proceeds from issuance of bonds 1,800,000 Cash dividends on common stock paid 220,000 Cash dividends on preferred stock paid 90,000 Purchases of treasury stock 180,000 Sale of stock to officers and employees not included above 150,000 Dinkel's statement of cash flows for the year ended December 31, 2015, would show net cash provided (used) by financing activities of a. $90,000. b. $(310,000). c. $220,000. d. $2,020,000.

why D