The following transactions have been journalized and posted to the proper accounts.

1. Mark Call invested $7,000 cash in his new design services business.

2. The business pre-paid the first month's rent of $700 cash.

3. The business purchased equipment by paying $2,000 cash and issuing a note payable for $4,500.

4. The business purchased supplies for $850 cash.

5. The business billed a client for $4,000 of design services completed.

6. The business received $3,000 cash for the completed services.

What is the balance in Cash for this design service business?

Question options: $7,850 $6,450 $8,450 $8,150 $7,700