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Question 12 2 pts In 2025, Banks Corporation had cash receipts of $56,000 and cash disbursements of $32,000. Bank's cash balance at December 31, 2025

Question 12 2 pts In 2025, Banks Corporation had cash receipts of $56,000 and cash disbursements of $32,000. Bank's cash balance at December 31, 2025 was $78,000. What was Bank's January 1, 2025 cash balance? $110,000 $102,000 $54,000 $70,000

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