The following details were obtained from the books of Tia Maria Ltd: 50,000 ordinary shares @ $1.00 was issued at $1.25 each Long term investments were purchased for $200,000 $100,000 was repaid on the 5% debentures Dividends of $40,000 were declared and paid during the year How much is to be shown as net cash flow from financing activities for the year? a. ($77,500) b. ($277,500) c. $162,500 d. $122,500