A company had credit sales of $\$ 48,000$ and cash sales of $\$ 10,000$ during the month of May. Also, during May, the company pad wages of $\$ 17,000$ and utilites of $\$ 4,800$. It also received payments from customers on account totaling $\$ 7,000$. At the beginning of May, the compary had a cash balance of $\$ 27,000$, What is the compary's cash balance at the end of May?
A. $\$ 44,000$
B. $\$ 22,200$
C. $\$ 15,200$
D. $\$ 37,000$

Step 1 ：Understand the problem. The company had a certain amount of cash at the beginning of the month, it then had credit sales and cash sales which means it added money to its account. It also paid wages and utilities which means it subtracted money from its account. It also received payments from customers on account which means it added money to its account. We need to find out how much cash the company has at the end of the month.

Step 2 ：Start with the initial amount in the account which is \(27,000\).

Step 3 ：Add the cash sales and payments from customers to the initial amount. This is done by adding the cash sales and payments from customers together and then adding the total to the initial amount. \(10,000 + 7,000 = 17,000\) (This is the total amount of the cash sales and payments from customers) \(27,000 + 17,000 = 44,000\) (This is the amount in the account after the cash sales and payments from customers)

Step 4 ：Subtract the wages and utilities from the amount in the account after the cash sales and payments from customers. \(17,000 + 4,800 = 21,800\) (This is the total amount of the wages and utilities) \(44,000 - 21,800 = 22,200\)

Step 5 ：The final balance in the company's account is \(\boxed{22,200}\).

Step 6 ：Check the result. The initial amount was \(27,000\). Cash sales and payments from customers totaling \(17,000\) were added which should increase the balance to \(44,000\). Wages and utilities totaling \(21,800\) were paid which should decrease the balance to \(22,200\). The result meets the requirements of the problem.