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The following information related to Bert Inc. for April 2021 Opening Cash Balance 55000 Depreciation Expense for April 7500 Dividends paid in April 13750

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The following information related to Bert Inc. for April 2021 Opening Cash Balance 55000 Depreciation Expense for April 7500 Dividends paid in April 13750 Cash Collections in April 95000 Equipment purchased for cash in April 16500 Cash Operating Expenses in April 23500 Merchandise paid for in April 55000 What is the cash balance at the end of April? a) 33750 b) 68750 c) 23500 d) 41250

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