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All of the accounts from the Smyth Company Balance Sheet for the year ending December 31, 2021 are given below: Accounts payable = $14,820
All of the accounts from the Smyth Company Balance Sheet for the year ending December 31, 2021 are given below: Accounts payable = $14,820 Accounts receivable = $33,860 Accruals $11,110 Accumulated depreciation = $10,000 Additional paid in capital $9,740 Common stock ($0.02 par value) = $26,960 Current portion of long-term debt = $3,130 Inventories $27,890 Long-term debt (excluding current portion) = $68,900 Net fixed assets = $59,450 Notes payable - $20,090 Retained earnings $22,010 Cash ??? (NOTE: the amount for this account is unknown, but can be determined using the data provided) Use the accounts listed above to reconstruct the Smyth Company balance sheet. What is cash on this statement?
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