Question

A corporation prepared its statement of cash flows for the year. The following information is taken from that statement:


Net cash provided by operating activities $ 14,500
Net cash provided by investing activities 4,200
Net cash flow used in financing activities (12,400)
Cash balance, end of year 9,100

What is the cash balance at the beginning of the year?

A) $5,600

B) $2,800

C) $6,300

D) $15,400

Answer

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