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 $13,800 cash for services provided 2. The company paid $2,400 cash for an insurance policy covering the next 24 months. 3. The company received $6,000 cash for services provided 4. The company purchased $6,500 of office equipment on credit. 5. The company provided $3,050 of services to customers on account. 6. The company paid cash of $1,800 for monthly rent 7. The company paid $3.400 on the office equipment purchased in transaction #5 above. 8 Paid $305 cash for January utilities. Based on this information, the balance in the cash account at the end of January would be: Multiple Choice $45,350 $11,895 $19,600 $15.850