Avatar Company uses the indirect method to prepare its statement of cash flows. Refer to the following information for the year 2015: Net cash provided by operating activities: $102,000 Net cash used in investing activities: $(113,500) Net cash provided by financing activities: $15,000 If the cash balance at the beginning of the year was $13,000, what would be the ending cash balance?

$16,500

$3,500

$13,000

$10,500