Question: Calculate the net increase or decrease in the cash balance using the following information. Cash flows from operating activities during the year$3,500Cash flows used in

Calculate the net increase or decrease in the cash balance using the following information.

Cash flows from operating activities during the year$3,500Cash flows used in investing activities during the year$11,000Cash flows from financing activities during the year$14,250Ending cash balance as per the balance sheet$25,000

a.A decrease of $18,250

b.An increase of $6,750

c.An increase of $18,250

d.A decrease of $6,750

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