Profit $5,250,000 Depreciation Amortization $60,000 $1,000 $90,000 $ 8,250 Share of Profits from associates Dividends Paid If the cash and cash equivalents balance at the beginning of the year was $15,000,000 and there are no other transactions, calculate the closing balance for cash and cash equivalents on the statement of cash flows at the end of the year