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Use the following information to answer the next three questions. Transactions between Japan and the...

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Accounting

Use the following information to answer the next three questions.

Transactions between Japan and the rest of the world in 2019 are shown below.

  1. The Japanese government sells 75 million yen worth of treasury securities to foreign investors.
  2. Japanese companies purchase 500 million yen of steel from Canada.
  3. Japanese automobile manufacturers sell 600 million yen worth of cars abroad.
  4. PQU bank (Japanese firm) receives 20 million yen in interest from US investments.
  5. Japanese citizens spend 125 million yen in tuition at US universities.
  6. Japanese government buys 10 million euros in the FX market.
  7. Japan gives 60 million yen in aid to Haiti.

Find the current account balance and express it in terms of millions of yen (EX: enter 2 if the answer is 2,000,000). Do not use currency symbols or words when entering your response.

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