12. The following provides some information from the asset section of the Waldo Hotel's simplified balance sheet: Cash 2,500,000 Accounts receivable 3,100,000 Prepaid Expenses 560,000 Inventories 470,000 Property & equipment 12,000,000 Accumulated depreciation 1,000,000 What is the amount of total assets for the hotel? Select one: a. $17,070,000 b. $19,630,000 O c. $18,510,000 O d. $17,630,000