The following account balances are taken from the December 31, 2020, financial statements TALU The company uses accrual basis accounting $ 52,402 Advertising rewne 46,638 7,861 Accounts receivable 2,415 Interest expense 5,250 Accounts payable Operating expenses 42,446 Urwarned revenue 1,326 Equipment 20,437 Income tax expense 2,620 The following activities occurred in 2021: 1. Performed advertising services on account. $62,000. 2. Received cash payments on account, 511,900, 3. Necelved deposits from customers for advertising services to be performed in 2022, $3,500. 4. Made payments to suppliers on account, $5,250. 5. Incurred $50,700 of operating expenses: 543,950 was paid in cash and $6,750 was on account and unpaid as of the end of the yea What is the balance in the Cash account at December 31, 2021? $46,638 $12,838 551,648 $53,288 None of the above