The following are facts about a company's activities: Cash flows from operating activities was $33,000. Cash flows from investing activities was $61,000. Cash flows used for financing activities was...

Extracted text: The following are facts about a company's activities: Cash flows from operating activities was $33,000. Cash flows from investing activities was $61,000. Cash flows used for financing activities was ($15,000). Cash at the beginning of the year was $47,000. Based on these facts, what was the cash balance at the end of the year.