TRANSACTIONS 1. The owner invested $10,000 in cash to begin the business. 2. Paid $2,500 in cash for the purchase of dog grooming equipment. 3. Purchased $1,250 in dog grooming supplies (expense) on credit. 4. Performed grooming services for $2,100 in cash. 5. Performed grooming services for $500; to be paid by customer within 30 days 6. Paid $1,400 for rent expense. 7. Received $500 in cash from credit clients. 8. Raven withdrew $1,100 in cash for personal expenses.

Record in equation form the changes that occur in assets, liabilities, and owners equity for the above transactions.

What is the ending balance of cash after all transactions have been recorded?