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The following 2022 financial information pertains to Koosman Konsulting, established on January 1, 2022: 1....

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Accounting

The following 2022 financial information pertains to Koosman Konsulting, established on January 1, 2022: 1. Started company by selling $250,000 of common stock for cash on January 1, 2022. 2. Invested $100,000 cash in an office building and computer systems in 2022. 3. Generated and collected revenues of $125,000 cash in 2022 by providing consulting services. 4. Paid all $80,000 of expenses in cash in 2022. 5. Paid a $10,000 cash dividend in 2022. What was Koosmans cash balance on 12/31/22

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