An analysis reveals that a company had a net increase in cash of $21,320 for the current year. Net cash provided by operating activities was $19,200; net cash used in investing activities was %10,600 and net cash provided by financing activities was $12,720. If the year-end cash balance is $25,800, the beginning cash balance was:

$4,480

$16,840

$47,120

$42,640

$41,640