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The following information comes from the financial records of Slaterville Company: Cash balance, beginning $ 1 , 5 0 0 Cash paid for dividends $

The following information comes from the financial records of Slaterville Company:
Cash balance, beginning $1,500
Cash paid for dividends $780
Cash paid for income taxes $1,320
Cash paid to purchase machinery $1,950
Cash paid to purchase inventory $10,800
Cash paid to repay a loan $1,000
Cash collected from customers $9,000
Cash received from issuance of new shares of common stock $1,200
Cash received from sale of a building $5,600
Cash paid for interest $450
Using the information, compute the ENDING cash balance for the year.
$570
$2,000
$800
$420
$1,000

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