The balance of cash and marketable securities for company XYZ at the end of 2016 is $100,000 which has increased by $70,000 from the previous year. The company has generated total cash flow of $150,000 as a result of its operating activities and selling one of its old buildings. Which of the following scenarios is more likely regarding the financing activities during 2016?

A. The Company issued new bonds worth $80,000.

B. The Company has paid back $75,000 of its long term loan.

C. The Company has repurchased $80,000 worth of its stock.

D. The company has paid $75,000 dividends to stockholders