In 2025, Kingbird Corporation had net cash provided by operating activities of $552,000, net cash used by investing activities of $1,057,000, and net cash provided by financing activities of $573,000. At January 1, 2025, the cash balance was $328,000. Compute December 31, 2025, cash. Cash, December 31, 2025 $
In 2025, Kingbird Corporation had net cash provided by operating activities of $552,000, net cash used by investing activities of $1,057,000, and net cash provided by financing activities of $573,000. At January 1, 2025, the cash balance was $328,000. Compute December 31, 2025, cash. Cash, December 31, 2025 $
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 7MC
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![In 2025, Kingbird Corporation had net cash provided by operating activities of $552,000, net cash used by investing activities of
$1,057,000, and net cash provided by financing activities of $573,000. At January 1, 2025, the cash balance was $328,000.
Compute December 31, 2025, cash.
Cash, December 31, 2025 $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F37fdbc5d-d38e-4e49-a32a-33a2026f13e1%2F63e006fd-b100-49db-9165-67c92cf4a0a3%2Fobrzwyoj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In 2025, Kingbird Corporation had net cash provided by operating activities of $552,000, net cash used by investing activities of
$1,057,000, and net cash provided by financing activities of $573,000. At January 1, 2025, the cash balance was $328,000.
Compute December 31, 2025, cash.
Cash, December 31, 2025 $
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