Chans total payment for water bill charges for year 2010 was $4,500. However, the bill for 16 December 2010 to 15 January 2011 totalling $200 only came at the end of January 2011. It was further agreed that of the expenses be charged to Majids own private use while the remaining to business. How much was charged to his business Profit & Loss Account for year ending 31 December 2010? A $3,450 B $3,440 C $3,680 D $3,560