A company has yeat end cash on hand of 51,000,000. During the year the company had the folowing information. Net thoome of $2,000,000 Depreciation of $500,000 an incraase in accounts recelvables during the yoar (C.6. from the beginning of the yoar to the end of year) of 5800,000 . In addition the company had a $3,000,000 investing cash outllow as it invested in PPSE. The company issued $1,200,000 in debt to help finanding the assets. How much cash did the company have on irs bolance sheet at the BECINNING OF THE YEAR? PUT ONLY COMMAS AND NO S IN ANSWEA