Selected information from the 2018 accounting records of Dunn's Auto Dealers is as follows:

Cost of furniture purchased for cash$8,000Proceeds from bank loan100,000Repayment of bank loan (includes interest of $4,000)44,000Proceeds from sale of equipment5,000Cash collected from customers320,000Purchase of stock of another corporation as an investment20,000Common stock issued for cash200,000

In its 2018 statement of cash flows, Dunn's should report net cash inflows fromfinancing activitiesof:

Multiple Choice

• $260,000
• $265,000
• $60,000
• $256,000