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

Item Cash inflow Cash outflow

Clothes 1,200

Interest recieved $430

Dinning Out $510

Groceries $ 760

Salary $4,500

Auto Payment $354

Utilities $270

Mortgage $1,290

Gas $ 223

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?