BRIEF EXERCISE $2\mathrm{.}7$

Computing Change in Cash

Wilkes Company had the following transactions during the current year:

Earned revenues of $$100,000$ and incurred expenses of $$56,000,$ all in cash.

Purchased a truck for $$25,000.$

Sold land for $$10,000.$

Borrowed $$15,000$ from a local bank.

What was the total change in cash during the year?