During 2021, Victory Solutions had the following cash flows: (1) received cash of $5,000 billed to a customer in 2020; (2) earned $20,000 of net income; (3) paid interest of $6,000 on a corporate bond issued; (4) paid dividends of $8,000 to its stockholders; (5) borrowed $40,000 from a local bank; and (6) purchased its own shares of common stock for $10,000. What is Victory Solutions' net cash flows from financing activities for 2021?
A. $16,000.
B. $22,000.
C. $40,000.
D. $30,000.
Answer: B
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