Bill's Mobile Golf Repair Inc. started business in June,2008. Bill brings his truck to local golf courses to offer onthe spot club repair. Bill needs help with his accountingrecords and has hired you to perform all recording keeping usingthe cash basis of accounting.
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June 1
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Bill Invested $65,000 into the business in exchange forstock
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June 3
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The company borrowed $10,000 from Capital Bank
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June 5
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Purchased a custom truck for $43,000
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June 7
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Paid for business insurance covering 3 years for $3,600
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June 10
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Paid for advertising in the News & Disturber for $5,500
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June 15
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Received cash for services rendered in the amount of $8,300
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June 20
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Paid $5,000 for additional tools, including installation in thetruck
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June 22
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Paid wages of $4,000 and related payroll taxes of $1,200
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June 30
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Received cash for services rendered in the amount of $7,000
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What was the ending asset balance for Bill's business?