The following events occurred last year for Cashback Company:

Issuance of Common Stock... $46,000

Dividends paid to shareholders... $11,000

Dividends received from investments... $4,000

Interest paid on Bonds Payable... $14,000

Proceeds from sale of used equipment... $19,000

Repurchase of preffered stock... $10,000

Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows was:

A. $44,000

B. $48,000

C. $25,000

D. $15,000