The following transactions for the month of March have been journalized and posted to the proper accounts. Mar 1 The business received a $7,000 cash contribution from the owner. Mar 2 Paid the first month's rent of $900. Mar 3 Purchased equipment by paying $2,000 cash and executing a note payable for $8,000. Mar 4 Purchased office supplies for $750 cash. Mar. 5 Billed a client for $12,000 of design services completed. Mar 6 Received $8,000 on account for the services previously recorded. What is the balance in Cash? OA. $12,250 B. $13.000 OC. $11,350 OD. $13,350 K REB