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Determine the ending cash and cash equivalents

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Question - Prairie Ink Company had reported the following items:

Cash provided by operations $60,000

Cash used in investing activities $250,000

Cash provided by financing activities $175,000

If cash and cash equivalents at the beginning of the year were $18,500, determine the ending cash and cash equivalents?

1) $3,500

2) $153,500

3) $360,000

4) $15,000

Reference no: EM133032880

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