Question - On February 1, 2014, Frick began a service proprietorship with an initial cash investment of $2,000. The proprietorship provided $5,000 of services in February. The proprietorship incurred expenses of $3,000 in February, which were paid in April. During March, Frick drew $1,000 against the capital account. In the proprietorship's financial statements for the two months ended March 31, 2014 prepared under the accrual basis method of accounting, what amount should be reported as capital?