ABC Company has the following accounts and balances at the end of the year: Cash, $1,600 Accounts Receivable, $350 Office Equipment, $5,000 Accounts Payable, $1,800 Income from Services, $4,500 Rent Expense, $770 Salaries Expense, $950 ABC Company, Capital at the beginning of the year was $3,200. Rob Davis also withdrew $1,000 from the company during the year. What is the amount of total assets reported on the balance sheet?

a. $5,150

b. $11,450

c. $7,950

d. $6,950