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Question(s) / Instruction(s):

Analysis reveals that a company had a net decrease in cash of $5,000 for the current year. Net cash provided by operating activities was $19,000; net cash used in investing activities was $11,000 and net cash used in financing activities was $13,000. If the year-end cash balance is $26,000, the beginning cash balance was:

a)            $45,000

b)            $21,000

c)            $31,000

d)            $7,000

e)            $12,000

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