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5) 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: [Your focus is on the cash increases and decreases 1. Andrea invested $13.500 cash in the business in exchange for common stock. 2. Andrea contributed $20,000 of photography equipment to the business 3. The company paid $2,100 cash for an insurance policy covering the next 24 months. 4. The company received $5,700 cash for services provided during January 5. The company purchased $6,200 of office equipment on credit. 6. The company provided $2,750 of services to customers on account. 7. The company paid cash of $1,500 for monthly rent. 8. The company paid $3,100 on the office equipment purchased in transaction #5 above. 9. Paid $275 cash for January utilities. Cash Based on this information, the balance in the cash account at the end of January would be: A) $41,450. B) $12,225. C) $18,700. D) $15,250. E) $13,500