Respuesta :
Answer:
B. $25,900.
Explanation:
Using the cash flow statement format;
Amount ($)
Cash provided by operating activities 17,900.00
Cash used by investing activities (7,000.00)
Cash used by financing activities (1,500.00)
Net Increase (Decrease ) in cash balance (a) 9,400.00
Cash at the beginning of the year (b) 16,500.00
Cash at the end of the year c = a+b 25,900.00
The net balance is the net of the cash flows from the 3 activities (Operating, investing and financing). The cash at the end of the period is the net of cash flow from the 3 activities with cash at the beginning of the period.
