Gyrl Skateboards Manufactures Skateboard Decks A)$229,000
B)$521,000
C)$469,000
D)$698,000
E)$748,000

Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the next few months. Forecasted sales are shown on the top row of the table. Forecasted cash inflows and outflows are also shown in the table. If Gyrl's starts December with $50,000 of cash in the bank, then what will its cash balance be at the end of January? Gyrl Skateboards Inc.
Sales Forecast and Cash Budget ($000s)
$$\begin{array} { | l | c | c | c | } \hline & \text { December } & \text { January } & \text { February } \\\hline \text { Sales forecast } & \$ 4,425 & \$ 3,818 & \$ 4,193 \\\hline \text { Total Cash inflows } & 4,106 & 4,179 & 4,063 \\\hline \text { Total Cash Outflows } & 3,877 & 3,710 & 4,638 \\\hline \text { Net cash flow } & & & \\\hline \text { Beginning Cash } & & & \\\text { Balance } & \$ 50 & & \\\hline \text { Plus: Net Cash Flows } & & & \\\hline \text { Ending Cash Balance } & & & \\\hline\end{array}$$

A) $229,000
B) $521,000
C) $469,000
D) $698,000
E) $748,000