A sports club provided the following information at the end of its first financial year:
                                                                                                                                        $
Subscriptions received for the current year ....................................................   9,750
Subscriptions received in advance for the following year ..............................     150
Expenses of sports competition .......................................................................    2,040
Rates and insurance ..........................................................................................     1,986
General expenses ................................................................................................      787
General expenses accrued at the end of the year ..........................................      103
Balance at bank at the end of the year ..............................................................  7,403
Receipts from sports competition entry fees ....................................................        ?

How much was received from the sports competition entry fees?

A. $2,316 

B. $2,466 

C. $3,103 

D. $3,253