Avatar Company Uses the Indirect Method to Prepare Its Statement

Multiple Choice

Avatar Company uses the indirect method to prepare its statement of cash flows. Please refer to the following information for the year 2014.
$\begin{array}{llr} \text {- Net cash flows from operating activities: } & \text { \( \$ 32,000 \) positive}\\ \text { - Net cash flows from operating activities: } & \text { \( \$ 38,000 \) negative}\\ \text {- Net cash flows from financing activities: } & \text { \( \$ 9,000 \) positive} \end{array}$

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Which of the following statements is TRUE?

A) The statement of cash flows will show an ending cash balance of $3,000.
B) The statement of cash flows will show total net cash flows of $70,000 positive.
C) The statement of cash flows will show total net cash flows of $3,000 negative.
D) The statement of cash flows will show total net cash flows of $3,000 positive.