Question

A company reported total equity of $145,000 on its December 31, 2008 balance sheet. The following information is available for the year ended December 31, 2009:

What are the total assets of the company at December 31, 2009?
A.$45,000.
B.$92,000.
C.$98,000.
D.$210,000.
E.$282,000.

Answer

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