In 2020, Ivanhoe Corporation had net cash provided by operating activities of $538,000, net cash used by investing activities of $936,000, and net cash provided by financing activities of $641,000. At January 1, 2020, the cash balance was $309,000. Compute December 31, 2020, cash.

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.