The2015 net income of Theon Corp. was $600,000 including the depreciation expense of $200,000. During the year Theon purchased equipment at a cost of $300,000 and sold land for $200,000 with a gain of $150,000. On July 1, 2015, Theon paid off $400,000 in loans from Yara First National Bank. In October 2015, Theon received $500,000 from an issue of common stock. Theon's cash flow from financing activities is $[a]net cashinflow.

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