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Nelson Company experienced the following transactions during Year 1 , its first year in operation. Acquired $ 7 , 8 0 0 cash by issuing

Nelson Company experienced the following transactions during Year 1, its first year in operation.
Acquired $7,800 cash by issuing common stock.
Provided $4,100 of services on account.
Paid $2,050 cash for operating expenses.
Collected $2,800 of cash from customers in partial settlement of its accounts receivable.
Paid a $190 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?
Multiple Choice
$9,850
$9,660
$8,360
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