What is the cash balance for January 1?

Presented below are the 2016 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2016 (S in thousands) 14,850 Sales revenue Service revenue 4,000 18,850 Total revenue Operating expenses: Cost of goods sold Selling 7,500 2,700 Gene and administrative 1,800 12,000 Total operating expenses Operating income Interest expense 230 Income before income taxes Income tax expense 6,620 2,800 Net income Balance Sheet Information ($ inDec. 31, Dec. 31, thousands) 2016 2015 Assets: Cash Accounts receivable Inventory Prepaid rent Plant and equipment $ 7,650 $ 2,470 3,100 2,500 4,600 3,300 180 360 15,100 12,600 Less: Accumulated depreciation (5,400) (4,800) Total assets $25,230 $16,430 Liabilities and Shareholders' Equity: Accounts payable Interest payable Deferred service revenue Income taxes payable Loan payable (due 12/31/2015) Common stock Retained earnings s 2,000 $ 1,400 860 630 600 860 580 630 580 860 5,600 10,300 10,300 5,760 3,240 Total liabilities and $25,230 $16,430 shareholders' equity