The correct answer is 7600, please explain step by step

Fed 0/1 pts Question 19 The Wheeler Corporation recently started operations and had the following transactions for the month: Owner invests $5,000 cash to start the business. Purchased equipment for $200 Paid employee payroll of $850 Purchased equipment for $600 on account Sold $3,000 of services to customers Paid dividends to owners of $150 What are the company's total assets at the end of the month? ered swers 7,600 (with margin: 0)