Net cash provided by operating activities for the year ended December 31, 2022, was $117,300. The cash
Question:
Net cash provided by operating activities for the year ended December 31, 2022, was $117,300. The cash balance on December 31, 2022, was $66,500. The net decrease in cash for the year was $38,000. Net cash used by financing activities was $48,200.
Required:
Calculate net cash provided (used) by investing activities for the year ended December 31, 2022, and the January 1, 2022, cash balance.
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