O'Malley Company had the statement of tnancial position shown below at December 31, 2018 O'Malley Company Statement of financial position December 31, 2018 Assets: Cash Investments Plant assets (net) Land Accounts receivable Total Assets Equity & Liability: 20.000 32.000 81,000 40,000 21.200 104 200 Sau Equity & Liability: Retained earnings Share capital-ordinary Long-term notes payable Accounts payable Total Equity & Liability 23,200 $100,000 41,000 30.000 194,200 During 2019, the following occurred: 1. Net income for 2019 was $40,000 2. Depreciation expenses was $11,000 3. A tract of land was purchased for $18,000 cash 4. Long-term notes payable in the amount of $16,000 were retired before maturity by paying $16,000 cash 5. An additional $20,000 in ordinary shares were issued at par 6. Dividends totaling $8,200 were declared and paid to shareholders 7. O'Malley Company sold part of its investment portfolio for $15,000 This transaction resulted in a gain of $3,400 for the firm. The company classifies its investments as non-trading equity 8. Land was purchased through the issuance of $30,000 in bonds 9 At December 31, 2019, Cash was $32,000, Accounts Receivable was $41,600, and Accounts Payable remained at $30,000. sold part of its investment portfolio for $15,000. This transaction resulted in a gain of $3,400 for the firm. The company classifies its investments as non-trading equity 8. Land was purchased through the issuance of $30,000 in bonds. 9. At December 31, 2019, Cash was $32,000, Accounts Receivable was $41,600, and Accounts Payable remained at $30,000. Instructions: Prepare a statement of cash flows for 2019. What the cash balance at the end of the year 2019?