The following information is available forBlue Spruce Corp.:

(in million)Cash receipts from operating activities

$900

Cash payments from operating activities

$280Net cash used by investing

$240Net cash provided by financing

$870Net increase in cash and equivalents

?Cash and equivalents at start of year

$640Cash and equivalents at year-end

?

What is the net increase in cash and equivalents?

$1730

$2370

$610

$1250