Cash and Cash Equivalents and the Statement of Cash Flows Bedford Corp. began the year with $15,000 in cash and another $8,500 in cash equivalents.

During the year, operations generated $140,000 in cash. Net cash used in investing activities during the year was $210,000, and the company raised a net amount of

$180,000 from fi nancing activities.

Required Determine the year-end balance in cash and cash equivalents.

AppendixLO1