During $2021,$ Sam Inc. had the following activities related to its financial operations:Carrying value of convertible preferred stock in Sam, converted into common shares of Sam$ $540,000$Payment in $2021$ of cash dividend declared in $2020$ topreferred shareholdersPayment for the early retirement of long$-$term bonds payable$($carrying amount $$3,930,000)$Proceeds from the sale of treasury stock $($on books at cost of $$387,000)279,0003,975,000450,000$The amount of net cash used in financing activities to appear in Sam's statement of cash flows for $2021$ should be