A business started the month with a credit balance in the Cash at Bank account of $$3,200.$ The following transactions occurred during the month. The business recorded revenue of $$12,500$ of which $$5,700$ is collected in cash with the balance on account. The owner contributed capital of $$3,500.$ The business paid a supplier $$1,200$ and drawings by the owner were $$120.$

The closing balance of Cash at Bank account is:

Question $4$ Select one:

a$.$

$$8,900$

b$.$

$$6,000$

c$.$

$$4,680$

d$.$

$$1,180$

e$.$

None of the above