Question: Net cash provided by operating activities for the year ended December 31, 2022, was $126,300. The cash balance on December 31, 2022, was $68,300. The
Net cash provided by operating activities for the year ended December 31, 2022, was $126,300. The cash balance on December 31, 2022, was $68,300. The net decrease in cash for the year was $39,800. Net cash used by financing activities was $50,000. Required: Calculate net cash provided (used) by investing activities for the year ended December 31, 2022, and the January 1, 2022, cash balance. Note: Amounts to be deducted should be indicated with a minus sign. Cash balance, January1, 2022 Cash balance, December 31, 2022
Net cash provided by operating activities for the year ended December 31,2022 , was $126,300. The cash balance on December 31, 2022, was $68,300. The net decrease in cash for the year was $39,800. Net cash used by financing activities was $50,000. Required: Calculate net cash provided (used) by investing activities for the year ended December 31, 2022, and the January 1, 2022, cash balance. Note: Amounts to be deducted should be indicated with a minus sign
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