49. Dolby Corporation had the following transactions during the month of January i. Owners started the company by investing $100,000 cash in exchange for common shares ii. Purchased $50,000 of equipment by making a $20,000 cash down payment and signed a 90-day note payable for the balance iii. Purchased land for $5,000, signing a note payable for full amount iv. Earned $15,000 of revenue (of which $10,000 was received in cash with the balance on accounts receivable) What are the total assets for the corporation at the end of January? a) $140,000 b) $145,000 C) $150,000 d) $170,000