The end of the year cash balance based on the information is 1,990
What is year-end cash balance?
The year-end cash balance is the cash balance at the disposal of the firm at the end of the year after having added cash inflows to the beginning cash balance and deducted cash outflows.
In other words, the year-end cash balance is the sum of the beginning cash balance and cash inflows such as net income and increase in long-term debt(borrowing cash, increases cash balance) and we need to deduct outflows such as acquisition of PP&E and dividends
operating cash flow=net income+ depreciation+ Increase in accounts payable
operating cash flow=300+140+60
operating cash flow=500
year-end cash balance=beg. balance+ operating cash flow+/(-)financing cash flow+/(-)investing cash flow
year-end cash balance=2000+500-580-130+200
year-end cash balance=1,990
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