The Statement of Cash Flows for Lights-On, a Leading Electric

Multiple Choice

The statement of cash flows for Lights-On, a leading electric utility for the year ended December 31, 20x2, showed a net cash inflow from operations of $427,000 million and a net cash outflow for financing of $21,800 million.The comparative balance sheets showed a balance in cash of $32,700 at December 31, 20x1, and $101,200 at December 31, 20x2.Compute the net amount of cash provided or used by Lights-On's investing activities for 20x2.

A) $68,500 million provided
B) $271,300 million used
C) $372,500 million provided
D) $336,700 million used
E) $236,700 million used