The net income earned by a business in the year ended $31$ December $2004$ was

$$10,600.$ Equity at January $1,2004$ was $$183,400$ and at $31$ December $2004$ equity

was $$169,700.$ The proprietor took merchandise costing $$2,800$ for personal use

during the year. He also withdrew a regular amount of cash to cover his living

expenses.

What is the amount of cash drawings for the year?

$$5,900$

$$21,500$

$$11,800$

$$27,100$