Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,900 cash in the business in exchange for common stock. 2. Andrea contributed $34,000 of photography equipment to the business. 3. The company paid $3,500 cash for an insurance policy covering the next 24 months. 4. The company received $7,100 cash for services provided during January 5. The company purchased $7,600 of office equipment on credit. 6. The company provided $4,150 of services to customers on account. 7. The company paid cash of $2,900 for monthly rent. 8. The company paid $4,500 on the office equipment purchased in transaction #5 above. 9. Paid $415 cash for January utilities. Based on this information, the balance in the cash account at the end of January would be: Multiple Choice $59,650. O $10,685 O $22,900. $18,050