Presented below is selected information related to Garryowen Company at December 31, 2019. Garryowen reports financial information monthly.

(a) Determine the total assets of Garryowen Company at December 31, 2019.
(b) Determine the net income that Garryowen Company reported for December 2019.
(c) Determine the stockholders’ equity of Garryowen Company at December 31, 2019.

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Accounts Payable Cash Advertising Expense Service Revenue Equipment 9,000 6,000 54,000 29,000 3,000 Salaries and Wages Expense $16,500 25,000 9,800 13,500 7,500 Notes Payable Rent Expense Accounts Receivable Dividends