Question: 86. Calculate the cash balance given the following information: Decrease in AR 30,000 Increase in Inventory 70,000 Increase in Accounts Payable 45,000 Decrease in Taxes

86. Calculate the cash balance given the following information: Decrease in

AR 30,000 Increase in Inventory 70,000 Increase in Accounts Payable 45,000 Decrease

86. Calculate the cash balance given the following information: Decrease in AR 30,000 Increase in Inventory 70,000 Increase in Accounts Payable 45,000 Decrease in Taxes Payable 8.000 Repaid Long Term Debt 90,000 Issued Common shares 160,000 Issued Dividends 25,000 A. $48,000 B. $45,000 C. $42,000 D. $39,000

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