Cash Account Balance During the month, Bavarian Auto Co. received $462,700 in cash and paid out $390,500 in cash. a. Does this information indicate that Bavarian Auto Co. had net income of $72,200 during the month? Net income the net change in all assets and liabilities from operating (revenue and expense) transactions. b. If the balance of the cash account is $104,550 at the end of the month, what was the cash balance at the beginning of the month