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The San Antonio Boat Company had a cash balance of $10 million at the beginning of 2020. During 2020, Sales were $5 million and expenses

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The San Antonio Boat Company had a cash balance of $10 million at the beginning of 2020. During 2020, Sales were $5 million and expenses were $2 million. Therefore the cash balance at the end of 2020 is $4 million. the cash balance at the end of 2020 cannot be determined from the information given. the cash balance at the end of 2020 must be greater than $3 million. the cash balance at the end of 2020 must be less than $11 million

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