Avatar Company Uses the Indirect Method to Prepare Its Cash

Multiple Choice

Avatar Company uses the indirect method to prepare its cash flow statement.Refer to the following information for the year 2016: Net cash provided by operating activities: $110,000
Net cash used in investing activities: $(116,500)
Net cash provided by financing activities: $19,000
If the cash balance at the beginning of the year was $13,300,what would be the ending cash balance?

A) $12,500
B) $6500
C) $13,300
D) $25,800