(Analyzing the cash flow Statement) Goggle, Inc. is an Internet firm that has experienced a period of very rapid growth in revenues over the period 2007-2010. The cash flow statements for Goggle, Inc. spanning the period are below. Choose the best answer for the following question using the information found in these statements: Describe Goggle's main source of financing in the financial markets over the period.

	Google's main source of financing in the financial markets over the period was the issuance of common stock for the amount of $985 million.
	Google's main source of financing in the financial markets over the period was the issuance of debt for the amount of $10 million.
	Google's main source of financing in the financial markets over the period was the issuance of common stock for the amount of $8,034.
	Google's main source of financing in the financial markets over the period was the issuance of debt for the amount of $985 million.

12 Months Ending In Millions of U. S. Dollars 12/31/2010 12/31/2009 12/31/2008 12/31/2007 Net income $4,000 $3,050 $1,490 $420 Depreciation expense 1,010 570 310 130 Changes in working capital 600 40 40 (200) Cash from operating activities $5,610 $3,660 $1,840 $350 Capital expenditures $(3,570) $(6,980) $(3,330) $(2,000) Cash from investing activities $(3,570) $(6,980) $(3,330) $(2,000) Interest and financing cash flow items $370 $630 $0 $3 Total cash dividends paid O O Issuance (retirement) of stock 22 2.370 4.400 1,190 Issuance (retirement) of debt 0 0 (4) (3) Cash from financing activities $392 $3,000 $4.396 $1.190 Net change in cash $2,432 $(320) $2,906 $(460)12 Months Ending In Millions of U. S. Dollars 12/31/2010 12/31/2009 12/31/2008 12/31/2007 Net income $4,000 $3,050 $1,490 $420 Depreciation expense 1,010 570 310 130 Changes in working capital 600 40 40 (200) Cash from operating activities $5,610 $3,660 $1,840 $350 Capital expenditures $(3,570) $(6,980) $(3,330) $(2,000) Cash from investing activities $(3,570) $(6,980) $(3,330) $(2,000) Interest and financing cash flow items $370 $630 $0 $3 Total cash dividends paid O O Issuance (retirement) of stock 22 2.370 4.400 1,190 Issuance (retirement) of debt 0 0 (4) (3) Cash from financing activities $392 $3,000 $4.396 $1.190 Net change in cash $2,432 $(320) $2,906 $(460)