how to calculate net cash flow provided financing activities

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Question

Mccloe Corporation's balance sheet and income statement appear below:

Mccloe Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$ 70	$ 49
Accounts receivable	64	68
Inventory	90	68
Property, plant and equipment	590	580
Less: accumulated depreciation	274	268
Total assets	$540	$497
Liabilities and stockholders' equity:
Accounts payable	$ 83	$ 63
Accrued liabilities	56	34
Income taxes payable	63	63
Bonds payable	103	156
Common stock	59	48
Retained earnings	176	133
Total liabilities and stockholders' equity	$540	$497

Income Statement
Sales	$758
Cost of goods sold	559
Gross margin	199
Selling and administrative expenses	158
Net operating income	41
Gain on sale of plant and equipment	32
Income before taxes	73
Income taxes	27
Net income	$ 46

Cash dividends were $3. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was:

a. $(45)

b. $(53)

c. $11

d .$(3)

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