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Following is selected financial information of Kia Company for the year ended December 31, 2019. Cash used by investing activities $ (2,000 ) Net increase

Following is selected financial information of Kia Company for the year ended December 31, 2019.

Cash used by investing activities

$

(2,000

)

Net increase in cash

700

Cash used by financing activities

(2,800

)

Cash from operating activities

5,500

Cash, December 31, 2018

3,300

Required: Prepare the 2019 year-end statement of cash flows for Kia Company. (Cash outflows should be indicated with a minus sign.)

KIA COMPANY

Statement of Cash Flows

For Year Ended December 31, 2019

Cash from operating activities

Cash used by financing activities

Cash used by investing activities

Net increase in cash

$0

Cash, December 31, 2018

Cash, December 31, 2019

$0

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