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Cash flows It is typical for Jane to plan, monitor, and assess her financial position using cash flows over a given period, typically a

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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) (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Item Cash inflow Cash outflow Clothes $1,300 Interest received $440 Dining out $450 Groceries $810 Salary $4,600 Auto payment $365 Utilities $270 Mortgage $1,250 Gas $234

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