Answer:
b. $2,536,000
Explanation:
The computation of the net cash flows from financing activities is presented below:
Cash flows from financing activities
Cash payment on dividend declared -$186,000
Sale value of treasury stock $300,000
Cash paid to retire of long term bond -$2,650,000
Net cash flows used by financing activities -$2,536,000
The cash outflow is in negative sign whereas the cash inflow is in positive sign