Answer:
Cash went up and by $330.
Step-by-step explanation:
Cash flows using the indirect method measures activities in 3 groups namely; Operating, Investing and Financing.
Given,
Decrease in inventory $ 620 - This is a decrease in asset, like asset decrease as a result of sale for cash. Hence it is an inflow of cash.
Decrease in accounts payable 260 - This is like the payment of cash to settle a payable (an obligation). Hence this is a cash outflow.
Increase in notes payable 245 - This is an inflow of cash
Increase in accounts receivable 275 - This is an increase in asset hence an outflow of cash.
Considering the notes above,
Cash movement = $620 - $260 + $245 - $275 = $330
This is a net cash inflow. Hence cash went up and by $330.