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In 2022Pharoah Company had cash receipts of $69440 and cash disbursements of $39680. Pharoah's cash balance at December 31, 2022 was $96720. What was Pharoah's

In 2022Pharoah Company had cash receipts of $69440 and cash disbursements of $39680. Pharoah's cash balance at December 31, 2022 was $96720. What was Pharoah's January 1, 2022 cash balance? O $136400 O $86800 O $126480 $66960

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