Following are transactions of gotebo tanners, inc., a new company, during the month of january 2012:

1. issued 10,000 shares of common stock for $15,000 cash.
2. purchased land for $12,000, signing a note payable for the full amount.
3. purchased office equipment for $1,200 cash.
4. received cash of $14,000 for services provided to customers during the month.
5. purchased $300 of office supplies on account.
6. paid employees $10,000 for their first month's salaries.

what was the balance of gotebo's cash account following these six transactions?

$29,800.

$19,300.

$17,800.

$22,400.

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)