On January 1, 2016, Moore, a fast-food company, had a balance in its Cash account of $45,800.

During the 2016 accounting period, the company had (1) net cash inflow from operating activities of $24,800, (2) net cash outflow for investing activities of $16,000, and (3) net cash outflow from financing activities of $6,800.

Required

a. Prepare a statement of cash flows.

b. Provide a reasonable explanation as to what may have caused the net cash inflow from operating activities.

c. Provide a reasonable explanation as to what may have caused the net cash outflow from investing activities.

d. Provide a reasonable explanation as to what may have caused the net cash outflow from financing activities