Using the following information, compute the ENDING cash balance for the year.

Cash balance, beginning $1,500

Cash paid for dividends 780

Cash paid for income taxes 1,320

Cash paid to purchase machinery 1,950

Cash paid to purchase inventory 10,800

Cash paid to repay a loan 1,000

Cash collected from customers 9,000

Cash received from issuance of new shares of common stock 1,200

Cash received from sale of a building 5,600

Cash paid for interest 450

$570

$2,000

$1,000

$800

$420