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 $14,200 cash in the business. 2. Andrea contributed $27.000 of photography equipment to the business. 3. The company paid $2.800 cash for an Insurance policy covering the next 24 months. 4. The company received $6.400 cash for services provided during January 5. The company purchased $6,900 of office equipment on credit. 6. The company provided $3,450 of services to customers on account. 7. The company paid cash of $2.200 for monthly rent. 8. The company paid $3.800 on the office equipment purchased in transaction #5 above. 9. Pald $345 cash for January utilities Based on this information, the balance in the cash account at the end of January would be: Multiple Choice $20.800 $11.455. O $14.905 $16,650 $50.550. 1. Andrea Invested $15.100 cash in the business in exchange for common stock. 2. Andrea contributed $36.000 of photography equipment to the business in exchange for common stock. 3. The company paid $3.700 cash for office furniture 4. The company received $7,300 cash for services provided during January 5. The company purchased $7.800 of office equipment on credit. 6. The company provided $4.350 of services to customers on account. 7. The company paid cash of $3.100 for monthly rent 8. The company paid $4700 on the office equipment purchased in transaction #5 above. 9. Pald $435 cash for January utilities Based on this information, the amount reported as total shareholder's equity on the balance sheet at month-end would be: Multiple Choice $59.215. $53,900 O $46.715. $58,400. $50.350. A company had $7,030,000 in net income for the year. Its net sales were $15.500,000 for the same period. Calculate its profit margin. Multiple Choice 90.8% 220.5% 227%. 120.5% 45.4%