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What the amount of abc beginning cash balance at january

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Problem 1: ABC Inc.'s cash balance at December 31, 2019, the end of its financial reporting year, was $150,000. During 2019, cash provided by operations was $135,000, cash used in investing activities was $57,000, and cash provided by financing activities was $10,000. The amount of ABC's beginning cash balance at January 1, 2019.

Option 1: $ 238,000

Option 2: $72,000

Option 3: $69,000

Option 4: $62,000

Reference no: EM132767221

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