Cash balance and accrual accounting profit Using the following information for David Tours, calculate:

1 the cash in bank as at the end of 2022 2 the 2022 accrual accounting profit.

$

Owing from customers as at the end of 2021 (collected in 2022) 1 000 Owing from customers as at the end of 2022 (collected in 2023) 850 Cash collected from customers during 2022 for 2022 trips 68 990 Payable to suppliers as at the end of 2021 (paid in 2022) 1 480 Cash paid to suppliers during 2022 for 2022 expenses 36 910 Payable to suppliers as at the end of 2022 (payable in 2023) 2 650 Depreciation on equipment during 2022 3 740 Cash in bank as at the end of 2021 12 430