During 2017, Vision Company purchased treasury stock for $16,000, paid dividends of $20,000, purchased land for $50,000, and issued bonds payable for net proceeds of $860,000. Given these transactions, cash flows from financing activities for 2017 total.
a. $840,000 net cash inflow.
b. $946,000 net cash outflow.
c. $774,000 net cash inflow.
d. $824,000 net cash inflow.
e. $896,000 net cash outflow.
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