Answer:
use; $2,409,000
Explanation:
Given that,
Total current assets in 2017 = $14,871,000
Total current assets in the last year = $12,462,000
Therefore, there is an increase in the total current assets which indicates that there is a use of cash.
Hence, the amount of cash used is calculated as follows:
= Total current assets in 2017 - Total current assets in the last year
= $14,871,000 - $12,462,000
= $2,409,000
