Please help me find the Cash balance for this problem.

What was the correct cash balance at May 31, assuming the bookkeeper reported a balance of $11,230 after posting all 50 entries? Correct cash balance $ Margaret Morrow operates Carla Vista Riding Academy, Inc. The academy's primary sources of revenue are riding fees and lesson fees, which are provided on a cash basis. Margaret also boards horses for owners, who are billed monthly for boarding fees. In a few cases, boarders pay in advance of expected use. For its revenue transactions, the academy maintains these accounts: Cash, Accounts Receivable, Unearned Service Revenue, and Service Revenue. The academy owns 10 horses, a stable, a riding corral, riding equipment, and office equipment. These assets are accounted for in the following accounts: Horses, Buildings, and Equipment. The academy employs stable helpers and an office employee who receive weekly salaries. At the end of each month, the mail usually brings bills for advertising, utilities, and veterinary service. Other expenses include feed for the horses and insurance. For its expenses, the academy maintains the following accounts: Supplies, Prepaid Insurance, Accounts Payable, Salaries and Wages Expense. Advertising Expense, Utilities Expense, Maintenance and Repairs Expense, Supplies Expense, and Insurance Expense. Margaret's sole source of personal income is dividends from the academy. Thus, the corporation declares and pays periodic dividends. To account for stockholders'equity in the business and dividends, two accounts are maintained: Common Stock and Dividends. During the first month of operations, an inexperienced bookkeeper was employed. Margaret asks you to review the following eight entries of the 50 entries made during the month. In each case, the explanation for the entry is correct. May 1 Cash 13,500 Unearned Service Revenue 13,500 (Issued common stock in exchange for $13,500 cash) 5 Cash 230 Service Revenue 230 (Received $230 cash for lesson fees) 7 Cash 450 Service Revenue 450 (Received $450 for boarding of horses beginning June 1) 9 Supplies Expense 1,350 Cash 1,350 (Purchased estimated 5 months' supply of feed and hay for $1,350 on account) 14 Equipment 70 SU on account) 14 Equipment 70 Cash 700 (Purchased desk and other office equipment for $700 cash) Salaries and Wages Expense 15 360 Cash 360 (Issued check to Margaret Morrow for personal use) 20 Cash 130 Service Revenue 139 (Received $139 cash for riding fees) 31 Maintenance and Repairs Expense 70 Accounts Receivable 70 (Received bill of $70 from carpenter for repair services performed) Answer the following