Siliconia Manufactuing Ltd. had retained earnings of $400,000 and $50,000 in cash on January 1st, 2005. Net income in 2005 was $200,000 including amortization expense of $125,000. In 2005, the company issued additional common shares for $500,000 and borrowed $600,000 from the bank. Total cash from financing activities was:

Select one:

$450,000.

$250,000.

$125,000.

$600,000.

none of the above