The following transactions for the month of March have beon joumalized and posted to the proper accounts. Mar. 1 The business received $8,000 cash and issued common stock to stockholders. Mar. 2 Paid the first month's rent of $900. Mar. 3 Purchased equipment by paying $3,500 cash and executing a note payable for $5,000. Mar. 4 Purchased office supplies for $730 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 on March 6? A. $10,870 B. $11,770 C. $14,370 D. $12,500