In preparing its cash flow statement for the year ended December 31, 20X4, Reve Co. collected the following data:

Gain on the sale of equipment$ (6,000)Proceeds from the sale of equipment10,000Purchase of A.S., Inc. bonds (par value $200,000)(180,000)Amortization of bond discounts2,000Dividends declared(45,000)Dividends paid(38,000)Proceeds from the sale of treasury stock (carrying amount $65,000)75,000

In its December 31, 20X4, Statement of Cash Flows, what amount should Reve report as net cash provided by financing activities?

A) 27,000

B) 20,000

C) 30,000

D) 37,000