The following account balances were drawn from the year 1 financial statements of Grayson Company:

Cash: $4,700
Accounts Payable: $1,400
Accounts Receivable: $1,800
Common Stock: ?
Land: $8,300
Retained Earnings, January 1: $3,000
Revenue: $9,800
Expenses: $7,400
What is the balance of the common stock account?
a. $10,700
b. $600
c. $10,400
d. $8,000