Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions:

1) issued stock for $42,000

2) borrowed $26,000 from its bank

3) provided consulting services for $40,000 cash

4) paid back $16,000 of the bank loan

5) paid rent expense for $9,500

6) purchased equipment for $13,000 cash

7) paid $3,100 dividends to stockholders

8) paid employees' salaries of $22,000

What is Yowell's net cash flow from operating activities?

a. inflow of 8500

b. inflow of 34500

c. inflow 18000

d. inflow 5400