11:23 5G 97 2.() 1. Reliable Waterworks Corporation provides plumbing services. Transactions of Reliable Waterworks during the first year of operations are given below: A) Received $14,000 cash and issued stock to Sharon, stockholder. B) Paid $2,000 for equipment to be used for plumbing repairs. C) Borrowed $15,000 from a local bank and deposited the money in the checking account. D) Paid $600 as rent for the year. E) Paid $500 for plumbing supplies to be used on various jobs in the future. F) Completed a plumbing repair project for a local lawyer and received $3,500. Calculate the amount of total assets balance at the end of the first year. Assume the plumbing supplies of $500 are left at the end of the year. (Please show your work!) (1)cash (2)liabilities (3)rent (4)revenue (5)total asset