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The information in the following table is from the statement of cash flows for a company at four different points in time (Period 1, Period

The information in the following table is from the statement of cash flows for a company at four different points in time (Period 1, Period 2, Period 3, and Period 4). Negative values are presented in parentheses.

Period 1

Period 2

Period 3

Period 4

Cash provided by operations

$(144000)

$72000

$288000

$40000

Cash provided by investing

(240000)

60000

72000

(96000)

Cash provided by financing

232000

(176000)

($1360000)

$336000

Net income

(96000)

24000

240000

(12000)

Based on this information, which of the following answers most likely corresponds with the introductory phase, growth phase, maturity phase, or decline phase?

a. Period 3, Period 4, Period 1, Period 2.

b. Period 4, Period 3, Period 2, Period 1.

c. Period 1, Period 4, Period 3, Period 2.

d. Period 2, Period 1, Period 3, Period 4.

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