Calculate the Change in Cash Given the Following Information A)$532,500
B)$522,500
C)$512,500
D)$502,500

question 38

Multiple Choice

Calculate the change in cash given the following information: $$\begin{array} {| l | r| } \hline \text { Increase in AR } & 5,000 \\\hline \text { Decrease in Inventory } & 25,000 \\\hline \text { Decrease in Accounts Payable } & 10,000 \\\hline \text { Increase in Taxes Payable } & 2,500 \\\hline \text { Issued Long Term Debt } & 300,000 \\\hline \text { Issued Common Shares } & 250,000 \\\hline \text { Issued Dividends } & 60,000 \\\hline\end{array}$$

• A)$532,500
• B)$522,500
• C)$512,500
• D)$502,500

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