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You are given the below B+S for XYZ Corporation. The firm has a policy to finance cash shortfalls by issuing onlyCommon Stock, and accumulating cash

You are given the below B+S for XYZ Corporation. The firm has a policy to finance cash shortfalls by issuing onlyCommon Stock, and accumulating cash surpluses in cash account (it does not buy back stock or repay debt in case of a cash surplus). The company maintains at least a cash of $1,100 in 2021.

What will be the total Cash balance at the end of 2021?

Group of answer choices

$1,100

$1,000

$1,350

$1,405

$1,230

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