1. In the first month of operations for Logan company, the total of the debit entries to the cash account amounted to $50,000 ($30,000 investment by the owner and revenues of $20,000). The total of the credit entries to the cash account amounted to $18,000 (purchase of equipment $11,000 and payment of expenses $7,000). At the end of the month, the cash account has (debit/credit).........balance of $.............. of the first voor