2. The post-closing trial balance of the Start Import Company at March 31 is as follows. (25 points) Debit Credit Cash $ 421,000 Accounts Receivable 301,000 Inventory 604,000 Building and Equipment 1,560,000 Accumulated Depreciation $ 240,000 Accounts Payable 446,000 Salaries Payable 45,000 Common Stock 1,410,000 Retained Earnings 745,000 $2.886,000 $2.886,000 Transactions during April and additional information follow. Cash sales 60,000 Sales on account $600,000 Cash collected on accounts receivable 340,000 Salaries paid in cash 190,000 Salaries earned on April 30, but not yet paid 28,000 Miscellaneous expenses paid in cash 39,000 Merchandise purchased on account 430,000 Accounts payable paid in cash 290,000 Merchandise inventory, April 30 660,000 15,000 Depreciation expense in April Required: A) Prepare the income statement for April (20 Points) B) What is the ending balance for cash in April? Show your steps. (5 points)