Required information [The following information applies to the questions displayed below.) The following transactions occurred during July: 1. Received $950 cash for services performed during July. 2. Received $5,550 cash from the issuance of common stock to owners. 3. Received $475 from a customer as payment for services performed during June. 4. Billed $3,800 to customers for services performed on account in July 5. Borrowed $2,600 from the bank and signed a promissory note. 6. Received $1,225 from a customer for services to be performed during August. As a result of these transactions, what is the amount of the increase to the Cash account? Assume accrual basis accounting is followed