Cash flowsIt is typical for Jane toplan, monitor, and assess her financial position using cash flows over a givenperiod, typically a month. Jane has a savings account and her bank loans money at 6% per year while it offersshort-term investment rates of 5%. Jane's cash flows during August were asfollows: clothes - (Cash outflow) - 1400

interested received (Cash inflow) - 440

Dining out (Cash outflow) - 510

Grocery - (Cash outflow) - 830

salary - (Cash Inflow) - 4400

Auto Payment - 346 (Cash outflow)

Utilities (cash outflow)

Mortgage - 1320 (cash outflow)

Gas - 241 (cash outflow)

a.DetermineJane's total cash inflows and cash outflows.

b.Determine the net cash flow for the month of August.

c.If there is ashortage, what are a few options open toJane?

d.If there is asurplus, what would be a prudent strategy for her tofollow?