$8,000

$10,000

$11,000

$9,000

The correct answer is not listed.

Using the information below, compute the ending balance for cash. Alpha keeps its accounting records on a cash basis during the year. At year-end, it converts its books to the accrual basis for preparing its financial statements. At the end of 2022 (the first year of operation). Alpha reported the following balances on its post-closing trial balance after converting to accrual basis. At the end of 2023, Alpha again converted its books from cash basis to accrual basis, and prepared a balance sheet and income statement on an accrual basis. The following information was available as of December 31,2023 : Alpha depreciates its equipment using the straight-line method over 5 years with no salvage value. Assume that the balance given for other operating expenses (OE) is the same for both cash and accrual. Alpha uses the periodic inventory system