Answer: $441,000
Explanation:
The following can be deuced from the question:
Cash provided by operating activities = $329000
Cash used by investing activities = $119000
Cash provided by financing activities = $139000
Beginning cash balance = $92000
Sheridan’s ending cash balance will be:
= Beginning cash balance + cash provided by operating activities + cash provided by financing activities - cash used by operating activities
= $92000 + $329000 + $139000 - $119000
= $441,000
