Question

Net cash provided by operating activities was $12,000. Net cash provided by investing activities was $2,000. Net cash used in financing activities was $7,000. The cash balance at the beginning of the year was $4,000. The cash balance at the end of the year is: $25,000 $21,000 $7,000 $11,000

Answer 1

Answer:11,000

Step-by-step explanation:

Answer 2

$25,000

Step-by-step explanation:

The cash balance at the end of the year can be calculated as follows:

=> $12,000 + $2,000 + $7,000 + $4,000