The following transactions were made by Ruby Inc. last year:

Issuance of common stock	$100,000
Dividends paid to the company's stockholders	2,000
Depreciation expense	6,000
Repayment of principal on bonds	40,000
Proceeds from sale of the company's used equipment	39,000
Purchase of land	230,000

Based solely on the above information, net cash flow from financing activities for the year on the statement of cash flows would be:

a.($67,000).

b.($150,000).

c.$29,000.

d.$58,000.