4.

The following transactions occurred during July:

1.	Received $1,150 cash for services performed during July.
2.	Received $6,250 cash from the issuance of common stock to owners.
3.	Received $575 from a customer as payment for services performed during June.
4.	Billed $4,100 to customers for services performed on account in July.
5.	Borrowed $2,800 from the bank and signed a promissory note.
6.	Received $1,525 from a customer for services to be performed during August.

What is the amount of revenue that will be reported on the income statement for the month ended July 31?

A) $6,775

B) $7,350

C) $5,250

D) $8,625