What is Cash balance, January $1,$ ?current year?

Sharp Screen Films, Inc., is developing its annual financial statements at December 31, current year. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized as follows: Balance sheet at December 31 Cash Accounts receivable Merchandise inventory Property and equipment Less: Accumulated depreciation Accounts payable Wages payable Current Year Prior Year $ 66,350 $ 64,700 16,550 23,550 23,550 210,850 (60,600) $256,700 $ 10,500 3,700 61,700 18,700 153,100 (46,350) $213,700 $ 20,800 4,100 Note payable, long-term 72,800 Contributed capital 100,400 66,500 Retained earnings 80,400 49,500 $256,700 $213,700 Income statement for current year Sales $201,000 Cost of goods sold 98,000 Depreciation expense Other expenses Net income 14,250 43,600 $ 45,150 Additional Data: a. Bought equipment for cash, $57,750. b. Paid $11,100 on the long-term note payable. c. Issued new shares of stock for $33,900 cash. d. Dividends of $14,250 were declared and paid. e. Other expenses all relate to wages. f. Accounts payable includes only inventory purchases made on credit.