Cash Account Balance During the month, Warwick Co. received $442,150 in cash and paid out $373,150 in cash a. Does this information indicate that Warwick Co had net income of $69,000 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 $99,950 at the end of the month, what was the cash balance at the beginning of the month