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The cash flows related to Flushing Incorporated's lending and borrowing activities are summarized as...

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Accounting

The cash flows related to Flushing Incorporated's lending and borrowing activities are summarized as follows:
Cash lent to borrowers
$132,600
Payment to retire bonds payable
$367,500
Proceeds from borrowing at bank (note payable) $220,500
Interest received from borrowers
$31,500
Interest payments made on bonds payable
$42,000
On the basis of the above information alone, what is Flushing's net cash flow from financing activities?
Select one:
a. $206,100 net cash used for financing activities
b. $500,100 net cash used for financing activities
c. $147,000 net cash used for financing activities
d. $145,500 net cash used for financing activities
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