Queston $37$

consider the following events:

$25,000$ shares of preferred stock cumulative, $5\%,$$$30$ par was issued for $$45$ a share.

The annual cash dividend was declared and paid to the above preferred stock.

$$ The compary purchased $12,000$ shares of common stock at $$51$ per share to be held as Treasury stock.

Interest of $$24,000$ was paid to bondholders.

Bonds Payable with a par value of $$300,000$ were retired at $$324,000.$

compute the net cash flow from financing activities $($parentheses indicate an outflow$).$

Select one:

A$.$ $$789\mathrm{.}000$

B$.$ $$475,500$

C$.$ $$(214,500)$

D$.$ $$151\mathrm{.}500$