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Lito Company had cash inflows from operating activities of $27,000; cash outflows from investing activities of $22,000, and cash outflows from financing activities of $12,000.

Lito Company had cash inflows from operating activities of $27,000; cash outflows from investing activities of $22,000, and cash outflows from financing activities of $12,000. Calculate the net increase or decrease in cash.

Question 8 options:

A)

$61,000 increase.

B)

$37,000 increase.

C)

$7,000 decrease.

D)

$7,000 increase.

E)

$34,000 decrease.

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