Nelson Company experienced the following transactions during Year $1,$ its first year in operation.

Acquired $$7,400$ cash by issuing common stock.

Provided $$3,700$ of services on account.

Paid $$1,950$ cash for operating expenses.

Collected $$2,600$ of cash from customers in partial settlement of its accounts receivable.

Paid a $$170$ cash dividend to stockholders.

What is the amount of total assets that will be reported on the balance sheet as of December $31,$ Year $1?$