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Brief Exercise 14-26. Change in Cash Objective 2 Example 14.2 Roberts Company provided the following information: Roberts Company Comparative Balance Sheets At December 31, 20X1

Brief Exercise 14-26. Change in Cash Objective 2 Example 14.2 Roberts Company provided the following information: Roberts Company Comparative Balance Sheets At December 31, 20X1 and 20X2 Cash 20X1 20X2 $350,000 $565,000 Required: 1. Calculate the change in cash. 2. Explain the role of the change in cash flow in the statement of cash flows

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