Answer:
$3,700
Explanation:
The opening cash balance added to the net cash flows from all activities namely; Operating, investing and financing activities is equivalent to the closing cash balance.
As such given;
net increase in cash from operating activities = $9,800 and
net decrease in cash from financing activities = $3,700
beginning cash balance = $4,800
ending cash balances = $14,600
Therefore,
$4,800 + $9,800 - $3,700 + y = $14,600
y = $14,600 + $3,700 - $4,800 - $9,800
y = $3,700
where y is the net cash change from investing activities.
