Given the following transactions, what is the balance in the cash account? 1. The owner started the company by investing $10,000 cash. 2. The company paid $3,000 for six months' rent in advance. 3. The company acquired $2,400 in inventory by paying $800 cash and putting $1,600 on credit. 4. The company sold inventory costing $1,500 for $3,100 on account. A. $4,600 debit balance B. $5,200 debit balance C. $6,200 debit balance D. $7,700 debit balance E. $11,000 debit balance