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You will use this information to answer several questions, so save your work. Given the following information, what is this company's ENDING cash balance in

You will use this information to answer several questions, so save your work. Given the following information, what is this company's ENDING cash balance in 2020?

2019 2020

Beginning Cash Balance 20,000 45,000

Net Income. 65,000 75,000

Accounts Receivable. 10,000. 14,000

Prepaid Rent. 5,000. 6,000

Inventory 22,000 30,000

Accounts Payable. 3,000 2,000

Unearned Revenue 5,000 7,000

Depreciation Expense. 25,000. 40,000

Cash Paid for Dividends. 25,000. 10,000

Cash Received for Loan. 30,000. 40,000

Cash Payment to Repay Loan. 0. 10,000

Cash Payment to Purchase Land10,000 0

Cash Received for Sale of Equipment10,000. 15,000

Loss on Sale of Equipment. 0. 5,000

Cash Received for Issuance of Stock. 0. 10,0000

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