Calculate the year-end cash balance based on the following information:

• Christmas cash balance: 2,000
• Net income: 300
• Depreciation: 140
• Positive changes in business assets and liabilities: 60
• PP&E acquisitions: 580
• Dividends paid in the current year: 130
• Long-term debt increase: 200

10. What is the estimated value of the property, plans and equipment (PP&E) based on the following information:

• Capital asset turnover rate: 2,5
• Estimated revenues: $120
• Estimated cost of goods sold: $80