TB MC Qu. 02-133 Marco Nelson opened a frame shop... Marco Nelson opened a frame shop and completed these transactions 1 Marco started the shop by investing $40,700 cash and equipment valued at $18,700 in exchange for common stock. 2. Purchased $140 of office supplies on credit 3 Paid $1,900 cash for the receptionist's salary. 4. Sold a custom frame service and collected $5,200 cash on the sale 5. Completed framing services and billed the client $270. What was the balance of the cash account after these transactions were posted? Multiple Choice $11,460 $44,000 $11.730