Hailey owns a bike shop. She is preparing the cash flow statement for her first year of operation. She had a beginning cash balance of 4,700, 101,000 in total cash sales, 3,300 for utilities, 2,500 in loan payments, and 5,600 for marketing costs. What is Hailey's ending cash balance? 0000 94,600 11,400 94,300 105,700

To find Hailey's ending cash balance, we need to account for all cash inflows and outflows during the first year of operation. The beginning cash balance and total cash sales are cash inflows, while the costs for utilities, loan payments, and marketing are cash outflows.1. We start with the beginning cash balance, which is 105,700\).3. Next, we need to subtract the cash outflows from the total cash available. The total cash outflows are the sum of utilities, loan payments, and marketing costs: 2,500 + \ 11,400\).4. Finally, we subtract the total cash outflows from the total cash available to get the ending cash balance: 11,400 = \$ 94,300\).