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The entity reported the following information in 2020: Cash provided by operating activities, 960,000 Cash used by investing activities, 330,000 Cash provided by financing activities,
The entity reported the following information in 2020: Cash provided by operating activities, 960,000 Cash used by investing activities, 330,000 Cash provided by financing activities, 420,000 Beginning cash balance, 270,000 Instructions: Type the numerical answer 1, 2, 3. or 4 in the box after the question. A. How much is the net increase in cash for the current period? Blank 1 1) 1,320,000 2) 1,980,000 3) 1,710,000 4) 1,050,000 B. How much is the ending balance of cash? Blank 2 1) 1,320,000 2) 1,980,000 3) 1,710,000 4) 1,050,000
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