1. The beginning balance of Fairground, Co.s Accounts Receivable on 3/1/2019 was $7,090. During March, the company had the following transactions:

   • Issued 5,000 shares of common stock at par value for $20,000 cash.
   • Purchased equipment for $2,500, paying cash.
   • Provided services to customers worth $11,670 on account.
   • Purchased additional supplies worth $1,750 on account.
   • Received cash of $13,090 from customers for services provided during the month.
   • Paid creditors $3,480 for supplies previously purchased on account.
   • Paid employees $5,600 in cash for March salaries.

   What was the balance of the companys Accounts Receivable account as of 3/31/2019 following these transactions?

   	a.	$8,820.
   	b.	$3,940.
   	c.	$5,360.
   	d.	$8,510.
   	e.	$5,670.