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The following transactions for the month of March have been journalized and posted to the proper accounts of a sole proprietorship.

Mar. 1

The business received $ 10000 cash from the owner of thebusiness, Morris Tharps. The business gave capital to Morris Tharps.

Mar. 2

Paid the firstmonth's rent of $ 700.

Mar. 3

Purchased equipment by paying $3,500 cash and executing a note payable for $8000

Mar. 4

Purchased office supplies for $ 750 cash.

Mar. 5

Billed a client for $ 11000 of design services completed.

Mar. 6

Received $8000 on account for the services previously recorded.

What is the balance in Cash on March6?

$13,050

$13,750

$14,500

$16,550