Smith Corp.$\text{'}$s transactions for the year ended December $31,2025$ included the following:

Purchased real estate for $$1,250,000$ cash which was borrowed from a bank.

Sold available$-$for$-$sale securities for $$1,000,000.$

Paid dividends of $$1,200,000.$

Issued $500$ shares of common stock for $$500,000.$

Purchased machinery and equipment for $$250,000$ cash.

Paid $$900,000$ toward a bank loan.

Reduced accounts receivable by $$200,000.$

Increased accounts payable $$400,000.$

Smith's net cash used in financing activities for $2025$ was

$$450,000.$

$$850,000$

$$900,000.$

$$350,000.$