Yi Company Began Operations on January 1, 2013

Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions:
1) issued stock for $40,000
2) borrowed $25,000 from its bank
3) provided consulting services for $38,000
4) paid back $15,000 of the bank loan
5) paid rent expense for $9,000
6) purchased equipment costing $12,000
7) paid $3,000 dividends to stockholders
8) paid employees' salaries, $21,000
What is Yi's cash flow from financing activities?

A) Inflow of $37,000
B) Outflow of $15,000
C) Inflow of $47,000
D) Outflow of $3,000