3. Mirror Inc. was incorporated on January 1, 2020 with proceeds from the issuance of $750,000 in stock and borrowed funds of $110,000. During the first year of operations, revenue from sales and consulting amounted to $82,000 and operating expenses totaled $64,000. On December 15, Mirror declared a $3,000 cash dividend, payable to stockholders on January 15, 2021. No additional activities affected owners' equity in 2020. Mirror's liabilities increased to $130,000 by December 31, 2020. On Mirror's December 31, 2020 balance sheet, total assets should be reported at what amount