Tennison Corporation had the following transactions in its first year of operations: $1,710,000 61,000 1,210,000 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 91,000 410,000 81,000 510,000 101,000 51,000 What is the cash balance at year-end? Multiple Choice $178,000. $217 000 C What is the cash balance at year-end? Multiple Choice $178,000. $217,000. $158,000. $288,000