Can you power 3 servos and a gyroscope with a 2s 1300mah lipo battery?

Using Arduino Project Guidance
#1

I have three 9 gram servos and a GY-521 module. I want to power those with a 2s 1300mah lipo battery. The output voltage of the lipo battery is 7.4 V. I will lower that wit a voltage regulator to 5 V. Is this possible?

#2

(deleted)

#3

But may not be the best approach.

#4