Marco Nelson opened a frame shop and completed these transactions 1. Marco started the shop by investing $40,900 cash and equipment valued at $18,900 2. Purchased $160 of office supplies on credit. 3. Paid $2,100 cash for the receptionist's salary 4. Sold a custom frame service and collected $5,400 cash on the sale. 5. Completed framing services and billed the client $290. What was the balance of the cash account after these transactions were posted? Multiple Choice

11240

11530

44200

44330

44490

Marco Nelson opened a frame shop and completed these transactions 1 Marco staned the shop by investing 540,900 cash and equipment vaued at $18,900 2. Puichase 5160 of office supgles on credit 3. Paid $2,100 cash for the receptionists solary 4. Sold a custom frame service and colieded 55,400 cash on the sale 5 Completed framing services and biled the client $290 What wars the uslance of the cash account afier these transactions wele posted