CVS Health Corp. had the following transactions during January, the first month of its operations:

$$ Issued $24,000$ shares of common stock in exchange for $$240,000.$

$$ Purchased equipment for $$480,000,$ using a $$120,000$ cash down payment and signing a note payable for the balance.

$$ Received $$3,000$ from a customer for services to be performed in February

$$ Made a $$36,000$ payment on the note payable from the purchase of the equipment.

$$ Total monthly sales: Cash sales $$90,000$ & Credit Sales $$43,000.$

$$ Purchased supplies on credit for $$38,400.$

$$ Collected $$14,000$ from customers on account.

$$ Paid $$3,000$ for January employee wages.

$$ Received a utility bill for $$1,100$ which will be paid next month.

What is the balance in the Cash account that the end of January?

Select one:

a$.$ $$174,000$

b$.$ $$171,000$

c$.-$$$52,000$

d$.$ $$188,000$

e$.$ $$240,000$