Question: Flamingo &Co . has reported $ 1 5 , 5 0 0 net income this year. Last year s net working capital was $ 5

Flamingo &Co. has reported $15,500 net income this year. Last years net working capital was $500 and this years net working capital is $1,200. Total depreciation expense for Flamingo &Co. is $2,800. Change in net PP&E is reported to be -$1,350. Additionally, the company paid dividends worth $1,750 and repurchased $2,230 of its outstanding stock. Given that last years balance sheet indicates that companys cash balance was $10,475, what is this years cash balance for Flamingo &Co.?

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