The following account balances were drawn from the financial statements of Grayson Company:

Cash	$ 4,700	Accounts payable	$ 1,400
Accounts receivable	$ 1,800	Common stock	?
Land	$ 8,300	Retained earnings, January 1	$ 3,000
		Revenue	$ 9,800
		Expenses	$ 7,400

The following account balances were drawn from the financial statements of Grayson Company: Cash Accounts receivable Land $ 4,700 $ 1,800 $ 8,300 Accounts payable Common stock Retained earnings, January 1 Revenue Expenses $ 1,400 ? $ 3,000 $ 9,800 $ 7,400 Based on the above information, what is the balance of Common Stock for Grayson Company? Multiple Choice $10,400 $8,000 O O $600 $10,700