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

Cash flows from operating activities during the year $3,500 Cash flows used in investing activities during the year $11,000 Cash flows from financing activities during the year $14,250 Ending 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