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problem 11-2 (IAA) Gtar Company provided the following data for the aration of statement of cash flows for the currentyear: Cash balance, beginning 1,500,000 7,800,000 2,500,000 450,000 1,000,000 10,000,000 1,200,000 2,000,000 1,350,000 1,000,000 paid to purchase inventory ahreceived from sale of trading securities aid for interest on bank loan paid to repay principal amount of bank loain Cash collected from customers received from issuance of ordinary shares Cash paid for dividend Cash paid for income taxes Cash paid to purchase trading securities 1. What is the net cash provided by operating activities? a. 1,900,000 b. 2,900,000 c. 2,350,000 d. 400,000 2. What is the net cash used in financing activites? a. 3,000,000 b. 2,000,000 c. 1,800,000 d. 4,200,000 3. What is the cash balance at year-end? a. 3,400,000 b. 1,600,000 c. 1,400,000 d. 2,400,000 255