Marco Nelson opened a frame shop and completed these transactions: 1. Sold custom frames and immediately collected $40,700 cash for the sale. 2. Purchased $140 of office supplies on credit. 3. Paid $1,900 cash for the receptionist's salary. 4. Sold a custom frame service and collected $5,200 cash on the sale. 5. Completed framing services and billed the client $270. What was the balance of the cash account after these transactions were posted? Multiple Choice $44,270. $11,730. $44,130. $44,000 Multiple Choice O $44,270. O $11,730. O $44,130. $44,000. $11,460