Question: Analysis reveals that a company had a net increase in cash of $22,640 for the current year. Net cash provided by operating activities was $20,400;

Analysis reveals that a company had a net increase in cash of $22,640 for the current year. Net cash provided by operating activities was $20,400; net cash used in investing activities was $11,200 and net cash provided by financing activities was $13,440. If the year-end cash balance is $27,600, the beginning cash balance was:

Multiple Choice

$50,240.
$45,280.
$44,280.
$4,960.
$17,680.

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