The following information relates to Jamie Inc. for June 20x3:
		Opening cash balance, June 1, 20x3	$32,000
		Depreciation expense for June	6,700
		Dividends paid in June	11,500
		Cash collections in June	71,000
		Equipment purchased for cash in June	13,600
		Cash operating expenses in June	29,800
		Merchandise paid for in June	42,300

What is Jamies cash balance on June 30, 20x3?

Select one:

a. $800

b. $5,800

c. $10,600

d. $17,300