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?