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 $14,300 cash for services provided. 2. The company paid $2,900 cash for an insurance policy covering the next 24 months. 3. The company received $6,500 cash for services provided. 4. The company purchased $7,000 of office equipment on credit. 5. The company provided $3,550 of services to customers on account. 6. The company paid cash of $2,300 for monthly rent. 7. The company paid $3,900 on the office equipment purchased in transaction #5 above. 8. Paid $355 cash for January utilities. Based on this information, the balance in the cash account at the end of January would be: Multiple Choice $51,850. $ $11,345. O $21,100. O $16,850. $14,895