Six months ago, a client purchased a new bedroom suite for $6,500. For purposes of preparing accurate financial statements, this purchase would appear as a(an)
1. Use asset on the client's net worth statement.
2. Investment asset on the client's net worth statement.
3. Variable outflow on the client's historic cash flow statement.
4. Fixed outflow on the client's cash flow statement.
a. (1), (2), and (3) only
b. (1) and (3) only
c. (2) and (4) only
d. (4) only
e. (1), (2), (3), and (4)