Marco Nelson opened a frame shop and completed these transactions: 1. Marco started the shop by investing $40,200 cash and equipment valued at $18,200 in exchange for common stock. 2. Purchased $90 of office supplies on credit 3. Paid $1,400 cash for the receptionist's salary. 4. Sold a custom frame service and collected $4,700 cash on the sale. 5. Completed framing services and billed the client $220. What was the balance of the cash account after these transactions were posted? Multiple Choice $43,720 $43.500 $43.630 $12,230. 30 NAYE