rior to recording its closing entries, a company has the following accounts and account balances at the end of its first year: accounts payable, $3,000 cash, $19,000 common stock, not given dividends, $1,000 expenses, $14,000 notes payable, $4,000 prepaid insurance, $3,000 revenues, $23,000 what is the balance of its common stock account at the end of the first year?