Marco Nelson opened a frame shop and completed these transactions: 1. Marco started the shop by investing $40,800 cash and equipment valued at $18,800 in exchange for common stock 2. Purchased $150 of office supplies on credit. 3. Pald $2.000 cash for the receptionist's salary 4. Sold a custom frame service and collected $5,300 cash on the sale 5. Completed framing services and billed the client $280. What was the balance of the cash account after these transactions were posted