Answer:
D. $53,000.
Explanation:
The computation of the ending cash balance is shown below:
Beginning cash balance $95,000
Add: Receipts
Cash sales $418,000
Total cash receipts (a) $513,000
Deduct: Payments:
Cash payment for purchases -$273,000
Cash payment for salaries -$96,000
Other cash expenses -$58,000
Repayment of bank loan -$33,000
Total cash payments (b) $460,000
Net receipts /( payments) (a) - (b) $53,000
