ScanOptics began 2023 with $6,441,463 in cash. Over the course of 2023, ScanOptics experienced the following changes in its balance sheet. What is the ending cash balance for ScanOptics in 2023? (round to the nearest $1) Inventory Net Property & Equipment Accounts Payable ($3,674,887) Common Stock $1,104,727 $1,280,627 Accounts Receivable Long Term Debt $1,199,632 $2,007,441 ($2,832,737)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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ScanOptics began 2023 with $6,441,463 in cash. Over the course of 2023, ScanOptics
experienced the following changes in its balance sheet. What is the ending cash balance for
ScanOptics in 2023? (round to the nearest $1)
Inventory
Net Property & Equipment
Accounts Payable
($3,674,887)
$1,104,727
$1,280,627
Common Stock
Accounts Receivable
Long Term Debt
$1,199,632
$2,007,441
($2,832,737)
Transcribed Image Text:ScanOptics began 2023 with $6,441,463 in cash. Over the course of 2023, ScanOptics experienced the following changes in its balance sheet. What is the ending cash balance for ScanOptics in 2023? (round to the nearest $1) Inventory Net Property & Equipment Accounts Payable ($3,674,887) $1,104,727 $1,280,627 Common Stock Accounts Receivable Long Term Debt $1,199,632 $2,007,441 ($2,832,737)
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