EB 7. LO 2.2 Gumbo Company had the following transactions during the month of December. What was the December 1 cash balance? Dividends paid Credit sales $ 221 149 Payments for equipment 1,496 Taxes paid 2,032 Common stock sold 2,550 Inventory received 2,125 Cash sales 2,763 Cash balance Dec. 31 9,869