The following transactions for the month of March have been journalized and posted to the proper accounts.
Mar. 1 The business received $9,000 cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $1,000.
Mar. 3 Purchased equipment by paying $4,000 cash and executing a note payable for $9,000.
Mar. 4 Purchased office supplies for $720 cash.
Mar. 5 Billed a client for $10,000 of design services completed.
Mar. 6 Received $7,800 on account for the services previously recorded.
What is the balance in Cash on March 6?
A. $15,080
?. $12,080
C. $12,800
D. $11,080