The following account balances are taken from the December 31, 2018, financial statements of ABZ Advertising Company. The company uses accrual basis accounting. Advertising Revenue $ 49,412 Cash 43,977 Accounts Receivable 7,584 Interest Expense 2,355 Accounts Payable 5,120 Operating Expenses 40,024 Deferred Revenue 1,250 Equipment 19,271 Income Tax Expense 2,471 The following activities occurred in 2019: Performed advertising services on account, $58,450. Received cash payments on account, $11,100. Received deposits from customers for advertising services to be performed in 2020, $3,000. Made payments to suppliers on account, $5,120. Incurred $47,800 of operating expenses; $41,400 was paid in cash and $6,400 was on account and unpaid as of the end of the year. What is the balance in the Cash account at December 31, 2019? Multiple Choice $48,778 $49,957 $11,557 $43,977