Six months ago, Joe purchased a new dining room table for $6,500. In preparing accurate personalfinancial statements, this purchase would appear as a(n):_________.1. Use assets on the client's balance sheet.2. Investment assets on the client's balance sheet.3. Variable outflow on the client's cash flow statement.4. Fixed outflow on the client's cash flow statement.a. 4 only.b. 1 and 3.c. 2 and 4.d. 1, 2, and 3.