The entity reported the following information in 2020: Cash provided by operating activities, 960,000 Cash used by investing activities, 330,000 Cash provided by financing activities, 420,000 Beginning cash balance, 270,000 Instructions: Type the numerical answer 1, 2, 3. or 4 in the box after the question.
A. How much is the net increase in cash for the current period? Blank 1
1) 1,320,000
2) 1,980,000
3) 1,710,000
4) 1,050,000
B. How much is the ending balance of cash? Blank 2
1) 1,320,000
2) 1,980,000
3) 1,710,000
4) 1,050,000
