Sugar & Spice is a merchandiser of sweet and savory snack food. The company began 2017 with $6,000 in cash and reported net income of $7,600 on its 2017 income statement. During 2017 a gain of $250 was reported on the sale of a piece of equipment with a book value of $750. A new piece of equipment was purchased at a cost of $12,000 to replace the equipment that was sold. The company paid $1,500 from its available cash balance to purchase the equipment and took out a cash long-term note payable from its bank for the remaining balance. All dividends declared during 2017 were paid in 2017. There was not a balance in the Dividends Payable account on 1.1.17. There was a $6,500 net increase in Retained Earnings during the year. Given a reported negative cash flow of $1,500 from its operating activities during the year, which of the following statements is correct? A. The net change in cash for the year was $13,600. B. The company operated within its means during the year. C. The company's cash flows from financing activities were $9,400. D. The company's overall investing activities used cash of $500. E. The ending cash reported on the Balance Sheet was $9,100