Stormer Company Reports the Following Amounts on Its Statement of Cash

Multiple Choice

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $28,000;net cash used in investing activities was $10,000 and net cash used in financing activities was $12,000.If the beginning cash balance is $5,000,what is the ending cash balance?

A) $55,000.
B) $45,000.
C) $31,000.
D) $6,000.
E) $11,000.