1. A brand new business had the following transactions in this order): The business received $8000 cash from the owner of the business. The business gave capital to the owner 2 Paid the first month's rent of $700. 3 Purchased equipment by paying $4000 cash and executing a note payable for $9000. Purchased office supplies for $750 cash. Billed a client for $9000 of design services completed 6. Received $7800 on account for the services previously recorded. 4. 5. What is the Cash balance after these transactions? 510,350 511050 514350 511,000