31) A company opened on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1.The company received $13,500 cash for services provided. 2.The company paid $2,100 cash for an insurance policy covering the next 24 months. 3.The company received $5,700 cash for services provided. 4.The company purchased $6,200 of office equipment on credit. 5.The company provided $2,750 of services to customers on account. 6.The company paid cash of $1,500 for monthly rent. 7.The company paid $3,100 on the office equipment purchased in transaction #5 above. 8.Paid $275 cash for January utilities. Based on this information, the balance in the cash account at the end of January would be: A) $41,450. B) $12,225. C) $18,700. D) $15,250. E) $13,500.