The Following Information Pertains to Questions

The following information pertains to questions
Do-Good Inc.is a newly formed not-for-profit organization.On January,2012,its first day of operations,Do-Good purchased equipment costing $8,000.The equipment is estimated to have a useful life of 4 years,with no residual value at that time.This transaction was the only transaction that took place to date.
For question 14 through 16,assume that the equipment was purchased from a restricted fund contribution of $8,400.
-What would be the balance in the Capital Fund on December 31,2012?

A) $4,400
B) $6,400
C) $400
D) ($1,600)