The following information was taken from the accounting records of JBD Company as of December 31, 2020: Inventory Accounts Payable Common Stock Accounts Receivable Retained Earnings Copyright Salaries Expense Supplies Mortgage payable Land Notes Payable Sales Revenue Equipment Income Tax Expense Cost of Goods Sold Salaries Payable $61,000 $49,000 $72,000 $35,000 $23,000 (at January 1, 2020) $15,000 $28,000 $13,000 $80,000 (due March 1, 2040) $99,000 $10,000 (due November 1, 2022) $97,000 $85,000 $10,000 $42,000 ? Cash ...... ? ? ? Accumulated Depreciation Trademark Dividends Interest revenue 2 ? Additional information: 1) Total current assets at December 31, 2020 are equal to 80% of the total assets at December 31, 2020. 2) 20% of JBD's 2020 net income was paid to stockholders as dividends. 3) Total long-term liabilities at December 31, 2020 are equal to total current liabilities at December 31, 2020. 4) Total equity at December 31, 2020 is equal to 62% of the total liabilities at December 31, 2020. Calculate the balance in the cash account at December 31, 2020. The following information was taken from the accounting records of JBD Company as of December 31, 2020: Inventory Accounts Payable Common Stock Accounts Receivable Retained Earnings Copyright Salaries Expense Supplies Mortgage payable Land Notes Payable Sales Revenue Equipment Income Tax Expense Cost of Goods Sold Salaries Payable $61,000 $49,000 $72,000 $35,000 $23,000 (at January 1, 2020) $15,000 $28,000 $13,000 $80,000 (due March 1, 2040) $99,000 $10,000 (due November 1, 2022) $97,000 $85,000 $10,000 $42,000 ? Cash ...... ? ? ? Accumulated Depreciation Trademark Dividends Interest revenue 2 ? Additional information: 1) Total current assets at December 31, 2020 are equal to 80% of the total assets at December 31, 2020. 2) 20% of JBD's 2020 net income was paid to stockholders as dividends. 3) Total long-term liabilities at December 31, 2020 are equal to total current liabilities at December 31, 2020. 4) Total equity at December 31, 2020 is equal to 62% of the total liabilities at December 31, 2020. Calculate the balance in the cash account at December 31, 2020