The company's bank statement shows a cash balance of $20,000. Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $12,000; deposits outstanding of $8,000; NSF check of $1,000; a service fee of $20 and a $300 note receivable collected by the bank. Calculate the correct balance of cash: $ 2. At December 31, the company had account balances in Accounts Receivable of $50,000 and in Allowance for Uncollectible Accounts (AUA) of $200 (credit) before any adjustments. An analysis of the company's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. After the adjusting entry, what is the balance in the AUA account? $_ 3. The company had $10,000 of inventory on December 31, Year 2. During the year they purchased $325,000 and cost of goods was $333,000. What was the company's beginning inventory for Year 2? $ Interest revenue $3,000 Sales revenue $300,000 Income tax expense 20,000 Cost of goods sold 120,000 Selling expenses 15,000 Salaries expense 80,000 Utilities expense 4,000 Rent expense 6,000 Use the following to calculate operating income: $ The company purchased new equipment at the beginning of year 1 for $125,000. Management estimated they would use the equipment for 5 years and when they were done using it they estimated the residual value would be $15,000. What is the equipment's book value at the end of year 3 assuming the company uses straight-line deprecation