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=2593045&page=8 Clear my choice 42 At December 31, 2018 the accounting records of Gordon, Inc. contain the following items! Out of question Accounts Payable Land

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=2593045&page=8 Clear my choice 42 At December 31, 2018 the accounting records of Gordon, Inc. contain the following items! Out of question Accounts Payable Land Building Notes Payable Retained Earnings $ 2.500 $ 30,000 $ 31,250 ? $ 125,000 Accounts Receivable Cash Equipment Capital Stock $ 18.750 2 $ 40,000 $ 12,500 If the Notes Payable balance is $25,000, then the total assets of Gordon, Inc. at December 31, 2018 amount to: Select one: O a. $ 27,500. O b. $152,500 O c. $120,000. O d. $165,000

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