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Consider the following information. Increase in accounts payable: $43,000. Beginning cash: $250,000 Increase in paid capital: $20,000. Operating income: $219,000 Income taxes: $45,000 Increase in
Consider the following information. Increase in accounts payable: $43,000. Beginning cash: $250,000 Increase in paid capital: $20,000. Operating income: $219,000 Income taxes: $45,000 Increase in long-term debt: $53,000. Increase in par common stock: $5,000. Increase in gross fixed assets: $54,000. Depreciation expense: $17,000 Dividends: $29,000 Increase in Inventories: $7,000 Increase in accounts receivable: $69,000. Increase in short-term notes payables: $15,000. Interest expense $45,000. Find the change in cash. O A $66,459 O B. $83,000 O C. $123,000 O D. $155,500 O E. None of the above
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