X Company prepares monthly financial statements. The following is the company's balance sheet on October 1: Balance Sheet October 1 Assets Equities Cash $39,403 Accounts Payable $5,234 Accounts Receivable 5,957 Notes Payable 20,640 Inventory 12,667 Prepayments 3,776 Paid-In Capital 72,627 Equipment 68,799 Retained Earnings 32,101 Total Assets $130,602 Total Equities $130,602 During October, the company sold common stock to investors for $20,000, paid rent on the first of the month for the rest of the year; rent was $1,000 per month, bought equipment costing $10,400, signing a note for $4,400, and paying the manufacturer $6,000 in cash, borrowed $29,000 from a bank, and paid back a previous interest-free loan for $3,420.

6. After these transactions were recorded, what was the balance in the Cash account [ignore adjusting entries]?

7. After these transactions were recorded, what were total equities [ignore adjusting entries]?