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7 A company reports the following amounts for the year ended December 31, 2021: Advertising Expense $ 14,200 Service Revenue 128,000 Building $ 100,000
7 A company reports the following amounts for the year ended December 31, 2021: Advertising Expense $ 14,200 Service Revenue 128,000 Building $ 100,000 Interest Expense $ 2,500 Salaries Expense $ 24,800 Utilities Expense S 14,500 20 Accounts Payable Cash $ 6,300 Equipment 25,700 $ 12,400 Notes Payable 20,000 Help Save & Exit Submit In addition, the company had common stock of $30,000 at the beginning of the year and issued an additional $5,000 of common stock during the year. The company had retained earnings of $13,300 at the beginning of the year and paid dividends of $8,500. What amount of total assets should the company report in its December 31, 2021 balance sheet? Multiple Choice $144,400
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