Ramirez Company had a cash balance of $68,500 on December 31, 2017. Throughout the year 2018, they had the following information related to their cash flows:

Cash from Operating Activities                     $83,700

Cash from Investing Activities                       55,800

Cash used in Financing Activities                   43,900

What is Ramirez’s ending cash balance on December 31, 2018?

a. $95,600

b. $251,900

c. $183,400

d. $164,100