Any help with this first part of the problem would be greatly appreciated.

web> X Company is a merchandiser and prepares monthly financial statements. The following is its balance sheet at the beginning of July: Balance Sheet July 1 Assets Cash Accounts Receivable Inventory Prepaid Rent Equipment Total Assets Equities $51,285 Accounts Payable $52,658 33,460 32,600 Notes Payable 5,176 Paid-In Capital $406,629 Total Equities 76,303 251,462 69,049 $406,629 241,265 Retained Earnings The following summary transactions occurred during July: 1. Sold stock to investors for $47,000 2. Borrowed $28,000 from a bank and paid off a $10,000 bank loan 3. Bought $8,221 of merchandise from suppliers, paying $3,775 and promising to pay the rest in August. 4. Bought equipment for $36,800 from a manufacturer, paying $4,300 and promising to pay the rest in September 5. Paid $2,475 to suppliers that it bought merchandise from in June. 6. Sold merchandise, receiving $15,715 cash and promises from customers to pay $4,555; the merchandise that was sold cost $10,135 and was purchased earlier in July 7. Paid $537 for rent in advance. 8. Received $3,344 from customers who purchased merchandise last month 9. Paid wages and other miscellaneous expenses totaling $5,350 Note: Ignore adjusting entries. 4. What was the cash balance on July 31? A: $64,538B: $72,928 C: $82,409D $93,122E: $105,227OF: $118,907G: $134,365H: $151,832