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The following account balances were drawn from the Year 1 financial statements of Grayson Company: Cash Accounts receivable Land $ 6,200 Accounts payable $ 3,300

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The following account balances were drawn from the Year 1 financial statements of Grayson Company: Cash Accounts receivable Land $ 6,200 Accounts payable $ 3,300 Common stock $ 9,800 Retained earnings, January 1 Revenue Expenses $ 2,150 ? $ 4,500 $11,300 $ 8,150 What is the balance of the Common Stock account? Multiple Choice $12,650 $9,500 $1,350 $12,200

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