business

Question

The Temple Company’s balance sheet at December 31, 20x5 showed a cash balance of $477101. In addition, the company’s cash flow statement for the year ended December 31, 20x6 disclosed the following net cash flows:

Net cash inflow from operating activities
$297863
Net cash outflow from investing activities
$100016
Net cash outflow from financing activities
$107293

Which of the following is the correct cash balance on December 31st, 20x6?

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