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On December 31, 20x5, Nacho Mama's Cantina of Baltimore, MD prepared its statement of cash flow for 20x5, and reported the following: 1. Net cash
On December 31, 20x5, Nacho Mama's Cantina of Baltimore, MD prepared its statement of cash flow for 20x5, and reported the following: 1. Net cash used in investing activities was $15,000 2. Net cash used in financing activities was $19,500. 3. Net cash provided by operating activities was $40,500 What is Mama's ending cash balance on December 31, 20x5 if her cash balance on January 1, 20x5 was $7,500? Multiple Choice $13,500) $82,500
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