The following information is available for Cooke Corporation: (in million) Cash receipts from operating activities $780 Cash payments from operating activities $240 Net cash used by investing $210 Net cash provided by financing $750 Net increase in cash and equivalents ? Cash and equivalents at start of year $550 Cash and equivalents at year-end ? What is the net increase in cash and equivalents? A. $2,050 B. $1,500 C. $530 D. $1,080