Use the information below to answer question.

Given:

Fixed assets N85,600

Sales N197,000

Stock N34,300

Salaries N37,000

Purchases N127,700

Share capital N120,000

Creditors N16, 050

Motor expenses N10,500

Debtors N25,000

What is the cash balance?

• A N12,095
• B N12,590
• C N12,905
• D N12,950