Nelson Corporation has the following information available for 2011: Cash balance on 1/1/2011 $6,000 Cash balance on 12/31/2011 10,000 Net cash provided by operating activities 150,000 Net cash utilized by investing activities 160,000 The financing activity section of Nelson's statement of cash flows would show:
A) net cash provided by financing activities of $10,000.
B) net cash utilized by financing activities of $4,000.
C) net cash utilized by financing activities of $6,000.
D) net cash provided by financing activities of $14,000.
D
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