Determine the ending cash balance for Greentree Company if the net cash provided by operating activities is $48,000, net cash used by investing activities is $9,000, net cash provided by financing activities is $13,000, and the beginning cash balance was $85,000.

• A :

  $155,000

• B :

  $111,000

• C :

  $129,000

• D :

  $137,000