Multiple Choice

56,475

49,245

14,075

The following account balances are taken from the December 31, 2018, financial statements of ABZ Advertising Company. The company uses accrual bas accounting Advertising Revenue Cash Accounts Receivable Interest Expense Accounts Payable Operating Expenses Deferred Revenue Equipment Income Tax Expense $ 55,332 49,245 8,149 2,470 5,370 44,819 1,488 21,579 2,767 The following activities occurred in 2019 1. Performed advertising services on account. $65.450 2. Received cash payments on account. $12.600 3. Received deposits from customers for advertising services to be performed in 2020. $4.000 4. Mode payments to suppliers on account 55.370 5. Incurred $53550 of operating expenses. 546.400 was paid in cash and 57150 was on account and unpaid as of the end of the year What is the balance in the Cash account at December 31, 2019