For the year ended December 31,2016,the Statement of Cash Flows for Johnson Family Auto Supply shows the following information: Net Cash Used by Operating Activities,$71,000;Net Cash Provided by Investing Activities,$49,000;and Net Cash Provided by Financing Activities,$41,000.Cash has increased by $161,000.

Question

Quizplus · Accepted Answer

Increase in cash: $(71,000)+ $49,000 + $41,000 = $19,000

For the Year Ended December 31,2016,the Statement of Cash Flows