4) The Smart Company is forecasting their cash position. For the month of December, the company has provided the following financial information: Beginning cash balance - $ 20,000, Cash receipts - $550,000, and Cash disbursements - $500,000. Purchase equipment for $5,000 cash. A vehicle was sold for $10,000 cash. Calculate the ending cash position for the company for the December month. Explain what would happen when the company has no cash and they need to purchase something.