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Whispering Winds Companys tabular analysis at the beginning of August included the following balances: Assets = Liabilities + Stockholders' Equity Retained Earnings Cash + Accounts

Whispering Winds Companys tabular analysis at the beginning of August included the following balances:

Assets

=

Liabilities

+

Stockholders' Equity

Retained Earnings

Cash

+

Accounts Receivable

=

Accounts Payable

+

Common Stock

+

Revenue

-

Expenses

Beg. Bal

$11000

$1990

$1490

Use the tabular analysis to determine the balance in Cash if Whispering Winds collects its receivables and pays its accounts in full on August 1.

$10500

$11500

$9510

$12490

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