Upon review of Take a Hike's Statement of Cash Flows, the following was noted:

Cash Flows from Operating Activities	($4,000)
Cash Flows from Investing Activities	($14,000)
Cash Flows from Financing Activities	$19,000

From this information, the most likely explanation is that Take a Hike is

A.

assuming long term-debt and selling long-term assets to fund operations.

B.

using cash from operations to purchase long-term assets and pay dividends.

C.

using cash from operations and issuing common stock to purchase long-term assets.

D.

issuing stock to fund operations and purchase long-term assets.

E.

using cash from operations and selling long-term assets to pay back long-term debt.