The following is a partiallist of transactions completed by the Ryan Company during its fifth year of operations.

	Sold land for $50,000 cash.
	Issued common stock for $20,000.
	Paid $27,000 cash to purchase delivery equipment.
	Issued a $15,000 note to a bank for cash.
	Paid a $10,000 cash dividend.
	Earned $60,000 of cash revenue.
	Paid $42,000 of cash expenses.

Based on these events alone, the net cash flow from financing activities is

$45,000.

$35,000.

$25,000.

$20,000.

Assuming all transactions are cash transactions

an increase in the balance in the Common Stock account suggests a cash inflow occurred.

a decrease in the Notes Payable account suggests a cash inflow occurred.

a decrease in the Retained Earnings caused by dividends suggests a cash inflow occurred.

an increase in the Treasury Stock account suggests a cash inflow occurred.