Which of the following factors could explain why Eagle Enterprises' net cash provided from operations increased over last year, yet cash as reported on the balance sheet decreased?

a$.$ Eagle Enterprises cut its dividend.

b$.$ Eagle Enterprises made large investments in fixed assets.

c$.$ Eagle Enterprises sold a division and received cash in return.

d$.$ Eagle Enterprises issued new common stock.

e$.$ Eagle Enterprises issued new long$-$term debt.