Orange Corp. uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year:

Long$-$Term Notes Payable, beginning balance, $$82,000$

Long$-$Term Notes Payable, ending balance, $$75,000$

Common Stock, beginning balance, $$3500$

Common Stock, ending balance, $$30,000$

Retained Earnings, beginning balance, $$76,000$

Retained Earnings, ending balance, $$117,000$

Treasury Stock, beginning balance, $$5800$

Treasury Stock, ending balance, $$10,000$

No stock was retired.

No treasury stock was sold.

During the year, the company repaid $$40,000$ of long$-$term notes payable.

During the year, the company borrowed $$33,000$ on new long$-$term notes payable.

Net income for the year was $$52,000.$

Assume all dividends declared during the year were paid.

What is the net cash provided by financing activities?

$$11,300$

$$22,300$

$($$$7000)$

$$4300$