\begin{tabular}{lcc} \hline Item & Cash inflow & Cash outflow \\ \hline Clothes & & $1,000 \\ Interest received & $450 & \\ Dining out & & -500 \\ Groceries & 4,500 & -800 \\ Salary & & \\ Auto payment & & -355 \\ Utilities & & -280 \\ Mortgage & & 1,200 \\ Gas & & -222 \\ \hline \end{tabular} 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? 3 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