Question: During Year 2 , a company issued $ 1 0 , 0 0 0 of common stock for cash, collected cash from customers of $

During Year 2, a company issued $10,000 of common stock for cash, collected cash from customers of $25,000, and paid cash expenses of $12,000. The cash balance at the beginning of Year 1 was $0 and the cash balance at the beginning of Year 2 was $8,000. Calculate the ending Year 2 cash balance.
Multiple choice question.
$43,000
$31,000
$21,000
$23,000

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