Chapter 1, Problem 6APSA

Problem 1-6A Preparing a statement of cash flows P2

Following is selected financial information of Kia Company for the year ended December 31. 2019.

Cash used by investing activities	    	 $(2,000)
Cash from operating activities	    		 $6,000
Net increase in cash	       1.200
Cash, December 31, 2018	      2,300
Cash used by financing activities	      (2,800)

Required

Prepare the 2019 year-end statement of cash flows for Kia Company.

Check Cash balance, Dec. 31, 2019, $3,500