3 SRH provides you selected Balance Sheet and Income Statement information for 20X1 as follows: Balance Sheet Accounts Receivable Increase $30,000 Prepaid Expenses Decrease $7,000 Salaries Payable Increase $26,000 Accounts Payable decrease $14,700 Income Statement Sales $530,000 Expenses: Cost of Goods Sold (100,000) Salaries Expense (70,000) Depreciation (80,000) Net Income $280,000 Additional Information Cash received from issuance of common stock $300,000 Cash paid to pay down note Payable $125,000 Cash received from sale of Plant Asset $78,000 Cash paid to acquire Land $130,000 Cash and Cash Equivalents, 1/1/20X1 $170,000 Prepare a Statement of Cash Flows. What is SRH's Ending Cash balance on December 31, 20X1