MULTIPLE CHOICE (4 POINTS EACH) Record the best answer to each multiple choice question on your Answer Sheet. Use the following information about Baylor Consulting to answer the next three questions. Baylor Consulting had the following transactions in 2020: > Paid $300,000 cash to employees. Purchased PP&E for $50,000 cash. Borrowed $300,000 from bank. Purchased inventory for $900,000 cash. > Paid rent of $200,000. Received $1,500,000 cash from selling products to customers. Purchased intangible asset for $50,000 cash. > Paid cash dividends of $100,000. Sold investments for $150,000 cash. Repurchased $250,000 of its own common stock. 1. On Baylor Consulting's 2020 Statement of Cash Flows, what is the balance shown for 'Net Cash from Investing Activities'? a. $50,000 net inflow b. $100,000 net inflow C. $50,000 net outflow d. $100,000 net outflow 2. On Baylor Consulting's 2020 Statement of Cash Flows, what is the balance shown for 'Net Cash from Financing Activities? a. $50,000 net inflow b. $100,000 net inflow c. $50,000 net outflow d. $100,000 net outflow 3. On Baylor Consulting's 2020 Statement of Cash Flows, what is the balance shown for 'Net Cash from Operating Activities? a. $50,000 net inflow b. $100,000 net inflow c. $50,000 net outflow d. $100,000 net outflow