Fey Enterprises recorded a restructuring charge of $17.8 million during the year related entirely to the closing of its division located in Austin, Texas. The companys financial statement footnotes indicated that expected employee separation payments amounted to $13.9 million and that fixed asset write-downs accounted for the remainder. Fey had never before incurred restructuring charges. At the end of the year, the companys balance sheet included a restructuring accrual of $2,970,000 . The cash flow effect of Fey Enterprises restructuring during the year is:

a. $10,930,000

b. $0 (there was no cash flow effect during the year)

c. $16,870,000

d. $13,900,000

e. $14,830,000