ABC Incorporated has $100 in cash on its balance sheet at the end of 2017. During 2018,
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ABC Incorporated has $100 in cash on its balance sheet at the end of 2017. During 2018, the firm issued $450 in common stock, reduced its notes payable by $40, purchased fixed assets in the amount of $750, and had cash flows from operating activities of $315. How much cash did ABC Incorporated have on its balance sheet at the end of 2018?
| a. | $75 | |
| b. | $140 | |
| c. | $225 | |
| d. | -$25 |
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