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ABC Incorporated has $100 in cash on its balance sheet at the end of 2017. During 2018, the firm issued $450 in common stock, reduced

ABC Incorporated has $100 in cash on its balance sheet at the end of 2017. During 2018, the firm issued $450 in common stock, reduced its notes payable by $40, purchased fixed assets in the amount of $750, and had cash flows from operating activities of $315. How much cash did ABC Incorporated have on its balance sheet at the end of 2018?

a.

$75
b.

$140
c.

$225
d.

-$25

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