Changes in the balance sheet accounts at June 30, 2018 and 2019 for the Poker Company are presented below:

Increase (Decrease) Assets Cash $ 480,000
Accounts receivable 200,000
Inventory 300,000
Long-term investments 200,000
Equipment (200,000 )
Accumulated depreciation (60,000 )
Liabilities and Stockholders’ Equity Accounts payable $ (40,000 )
Dividends payable 400,000 Notes payable—Current (200,000 )
Notes payable—Long-term 400,000
Common stock, $1.00 par 300,000
Additional paid-in capital 100,000
Retained earnings 80,000

Additional Information for 2019:
Net income was $480,000 and dividends of $400,000 were declared.
Common stock was issued for cash.
A new long-term investment was acquired for $360,000.
A long-term investment was sold for $160,000.
Equipment that cost $600,000 was sold for $200,000.
The book value of those assets was $150,000.

The cash flow from financing activities for 2019 is a