(Answered) Question - the following account balances were drawn from

Accounting

Question - The following account balances were drawn from the incomplete financial records of Grayson Company before finalizing the financial statements:

Cash $5,200

Accounts payable $1,650

Accounts receivable $2,300

Common stock ?

Land $8,800

Retained earnings, Jan.1 $3,500

Revenue $10,300

Expenses $7,650

Based on the above information, what is the balance of Common Stock for Grayson Company?

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