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Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities of $40,000; net cash used in investing
Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities of $40,000; net cash used in investing activities of $14,800 and net cash used in financing activities of $19,200. If the beginning cash balance is $7,400, what is the ending cash balance?
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$81,400.
$66,600.
$43,000.
$6,000.
$13,400.
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