Hines Cannery Issued Ordinary Shares in 2014 for $700,000

Hines Cannery issued ordinary shares in 2014 for $700,000. During 2014 the company paid dividends of $250,000. What is the effect of these events in Hines ' statement of cash flows for 2014?

A) $700,000 cash from investing activities, and $250,000 cash disbursed for financing activities.
B) $700,000 cash from financing activities, and $250,000 cash disbursed for investing activities.
C) $700,000 cash from financing activities, and $250,000 cash disbursed for operating activities.
D) $450,000 net cash from financing activities.