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On August 31, 2021the last day of its 2021 fiscal year (2021 FY)a company recognizes a Cash balance of $39,613 on its balance sheet. The
On August 31, 2021the last day of its 2021 fiscal year (2021 FY)a company recognizes a Cash balance of $39,613 on its balance sheet. The company reports that it received net cash from its operating activities of $6,400not including $500 of cash collected from its customers that came in at the last minute-during its 2020 FY. In addition, the company reports that its total cash from operating activities during the 2021 FY was 10% higher than the same value during its 2020 fiscal year. The company also reports that it distributed net cash of $10,100 related to its investing activities and raised $1,200 of net cash from financing activities during the 2021 fiscal year. What is the dollar amount of the company's Cash balance on August 31, 2020? Please provide a dollar amount in the corresponding answer box on the answer sheet
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