Please explain and answer all parts a. b. c. d.

Cash flows It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a month. Jane has a savings account and her bank loans money at 6% per year while it offers short-term investment rates of 5%. Jane's cash flows during August were as follows: a. Determine Jane's total cash inflows and cash outflows. b. Determine the net cash flow for the month of August. c. If there is a shortage, what are a few options open to Jane? d. If there is a surplus, what would be a prudent strategy for her to follow? a. Jane's total cash inflows are \$ (Round to the nearest dollar.) \begin{tabular}{lcc} \hline Item & Cash inflow & Cash outflow \\ \hline Clothes & $1,000 \\ Interest received & $450 & \\ Dining out & & $500 \\ Groceries & $800 \\ Salary & $4,500 & \\ Auto payment & & $355 \\ Utilities & $280 \\ Mortgage & $1,200 \\ Gas & $222 \\ \hline \end{tabular}