1.As of July 1, Roberto Corporation had total assets of $165,000. During July, the company made the following transcations:

Generated Revenues of $60,000 of which 30% were in cash and remainder on Acct. Rec.

Incurred total expenses of $40,000 40% of which were paid

Collected receivables of $15,000 from previous periods

After these transactions have been recorded, Roberto would have total assets of:

$167,000

$182,000

$209,000

$185,000

please show work and explain why this is the correct answer