Justine Inc. has the following information available for 2011:

Cash balance on 1/1/2011	$ 12,000
Cash balance on 12/31/2011	20,000
Net cash provided by investing activities	50,000
Net cash provided by financing activities	16,000

The operating activity section of Justine's statement of cash flows would show:

Answer

	a.	net cash provided by operating activities of $58,000.
	b.	net cash utilized by operating activities of $58,000.
	c.	net cash utilized by operating activities of $98,000.
	d.	net cash provided by operating activities of $98,000.