The following transactions occurred during March, the first month of operations for Canyon Products, Inc.:
1. Issued 50,000 shares of capital stock in exchange for $600,000 cash.
2. Purchased land for $400,000, using a $150,000 cash down payment and signing a note payable for the balance.
3. Made a $60,000 cash payment on the note payable from the purchase of land.
4. Purchased equipment on credit from Burton, Inc. for $63,000.
What is the balance in the Cash account at the end of March?
a. $210,000
b. $390,000
c. $810,000
d. $600,000