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The following account balances were drawn from the Year 1 financial statements of Grayson Company. Cash Accounts receivable Land $5,500 $2,600 $9,100 Accounts payable Common

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The following account balances were drawn from the Year 1 financial statements of Grayson Company. Cash Accounts receivable Land $5,500 $2,600 $9,100 Accounts payable Common stock Retained earnings, Jan. 1 Revenue Expenses $ 1,800 2 $ 3,800 $10,600 $ 7,800 What is the balance of the Common Stock account? Multiple Choice $11,600

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