Waterfront, Inc. reports the following information for the current period: Paid annual cash dividend $ $550,000On$ July $1,$ borrowed $at8\%$ interest $1,700,000$ Purchase $of$ beachfront land, buildings $1,400,000$ Paid off loan $on$ sold equipment $130,000$ Waterfront should report net cash provided $or$ used $by$ financing activities $ofa.$ $$1,088,000.b.($$$2,420,000).c.($$ $952,000).d.$ $$1,020,000$