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  3. the bloom company issued stock for $51,000 cash on

The Bloom Company issued stock for $51,000 cash on January 20, 2011. During 2011, the...

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The Bloom Company issued stock for $51,000 cash on January 20, 2011. During 2011, the company recorded revenue on account of $18,200 and expenses for which cash was paid of $10,080. Bloom received $10,300 cash from accounts receivable. The company also purchased land for $6,050 cash. Based on this information, the amount of change in cash for 2011 was Multiple Choice 0 $63,370 0 $45,170 0 $51,220 0 $55,250

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