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

Question

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The Answer of 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

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