The Following Information Is Available for Cooke Corporation What Is the Cash and Equivalents Amount at Year-End?
A)

The following information is available for Cooke Corporation: $$\begin{array} { | l | c | } \hline & \text { (in million) } \\\hline \text { Cash receipts from operating activities } & \$ 980 \\\hline \text { Cash payments from operating activities } & \$ 240 \\\hline \text { Net cash used by investing } & \$ 210 \\\hline \text { Net cash provided by financing } & \$ 750 \\\hline \text { Net increase in cash and equivalents } & ? \\\hline \text { Cash and equivalents at start of year } & \$ 550 \\\hline \text { Cash and equivalents at year-end } & ? \\\hline\end{array}$$ What is the cash and equivalents amount at year-end?

A) $1,290
B) $730
C) $1,830
D) $2,730