Hi tutors, can I ask a detailed solution and explanation for this? Thank you.

The following data were taken from the statement of realization and liquidation of HONEY Corporation for the quarter ended June 30, 2017:

Liabilities to be liquidated P 86,200

Supplementary charges 13,870

Liabilities not liquidated 36,800

Supplementary credits 6,980

Assets acquired 38,400

Liabilities liquidated 53,320

Assets to be realized 123,250

Assets realized 33,600

Liabilities assumed 12,820

The beginning capital balances of ordinary shares and retained earnings are P82,000 and P29,600, respectively. A net loss of P8,590 for the period was incurred.

21. How much is the ending balance of cash?

a. 22,360

b. 103,570

c. 65,370

d. 91,250