The comparative balance sheets for Azoulay Corp. are as follows (notice the dates):

12/31/2412/31/23

Cash$20,000$17,000

Accounts receivable (net)30,00014,000

Inventories84,00085,000

Land86,00081,000

Plant and Equipment235,000200,000

Less: Accumulated Depreciation(52,000)(45,000)

Total assets403,000352,000

Accounts Payable45,00055,000

Long-term Notes Payable30,00022,000

Common Stock218,000189,000

Retained Earnings110,00086,000

Total Liab. and Stckhldr's Equity$ 403,000$ 352,000

Other Information for 2024:

During October 2024, Azoulay issued common stock and in December 2024, paid a $25,000 dividend to common stockholders. It did not repurchase any common stock during the year.There were only two transactions concerning Property, Plant, and Equipment in 2024.During March 2024, Azoulay sold Land at cost for $45,000.During June 2024, paid cash to acquire Land and a Building.

Net cash flows from financing for 2024 are(parentheses in an answer indicate an outflow):

Group of answer choices and provide details of calculation

$12,000

$29,000

($25,000)

$37,000

None of the above