Sheldon company began year 1

Saved Help Save & Exit Sheldon Company began Year 1 with $1,900 in its supplies account. During the year, the company purchased $5,600 of supplies on account. The company paid $2,800 on accounts payable by year end. At the end of Year 1, Sheldon counted $3,300 of supplies on hand. Sheldon's financial statements for Year 1 would show Multiple Choice $4,700 of supplies; $1,400 of supplies expense $3,300 of supplies; $2,300 of supplies expense $3,300 of supplies; $4,200 of supplies expense $4,700 of supplies; $5,600 of supplies expense