HW12#14:Determine the Net Change in Cash The General Ledger accounts for Pratt Corporation reported the following account balances at December 1, 2017. Cash $50,000, Accounts Receivable $100,000, Inventory $200,000, and Accounts Payable $60,000. Presented below are selected cash transactions during December for recording. 1. Issued $10,000 in common stock for cash. 2. Purchased delivery truck for $20,000 cash. 3. Collected $50,000 cash on Accounts Receivable. 4. Issued $15,000 Notes Payable (due 2020) 5. Purchased $25,000 in inventory 6. Paid $10,000 cash on Accounts Payable. 7. Purchased new sprinkler system $6,000 cash. Instructions: a. Determine the Net Change in Cash. $ b. What was Cash at beginning of period? $ c. What was Cash at end of period? $ 12-15