In Preparing Its Cash Flow Statement for the Year Ended

In preparing its cash flow statement for the year ended December 31, 2018, Green Co. gathered the following data: $\begin{array}{lll}\text {Gain on sale of land }&\$12,000\\\text {Proceeds from sale of land }&20,000\\\text {Purchase of Blue, Inc., bonds (facevalue \( \$ 200,000 \) ) }&360,000\\\text { Amortization of bond discount}&4,000\\\text {Cash dividends declared }&90,000\\\text { Cash dividends paid}&76,000\\\text { Proceeds from sales of Red Co. common stock}&150,000\\\end{array}$
In its December 31, 2018, statement of cash flows, what amount should Green report as net cash from financing activities?

A) $40,000.
B) $54,000.
C) $60,000.
D) $74,000.