Davis Corporation had the following transactions in their first year of opeations: Sales(90% collected in year) $1,500,00 Bad debt write-offs $60,000 Disbursements for costs and expenses $1,200,000 Disbursements for income taxes 90,000 Purchases of fixed assets 400,000 Depreciation of fixed assets 80,000 Proceeds from issuance of common stock 500,000 Proceeds from short-term borrowings 100,000 Payments on short-term borrowings 50,000 What is the cash at year end