The following items provide information about an individual for the past year. What is the individual's ending cash balance?

Purchase of a new car	$25,000
Cash used on living expenses	30,000
Beginning cash balance	8,000
Net worth, beginning	22,000
Unpaid utility and rent bills	2,000
Car loan proceeds	20,000
Sale of old car	1,000
Annual net pay from job	44,000
Car loan payment	1,000