Tennison Corporation had the following transactions in its first year of operations: Sales (80% collected in year) Bad debt write-offs Disbursements for production costs and other expenses Disbursements for income taxes Purchases of fixed assets Depreciation of fixed assets Proceeds from issuance of common stock Proceeds from short-term borrowings Payments on short-term borrowings $1,940,000 74,000 1,340,000 104,000 540,000 94,000 640,000 114,000 64,000 What is the cash balance at year-end? Multiple Choice w $258,000