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Carey Properties, LLC had the following cash flows during July: -Cash paid for inventory $20000 -cash wages to employees $40000 -cash sales collected $100000 -purchase

Carey Properties, LLC had the following cash flows during July:

-Cash paid for inventory $20000

-cash wages to employees $40000

-cash sales collected $100000

-purchase of equipment for cash $60000

- proceeds from a bank loan $70000

What was the net cash flow during July:

a) $40,000 inflow

b) $80,000 outflow

c) $120,000 outflow

d) $50,000 inflow

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