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7 ) At the end of 2 0 1 5 : A company has cash of $ 2 0 0 , 0 0 0 and

7) At the end of 2015: A company has cash of $200,000 and equipment of $200,000.Then:Jan 1,2016: A major (equipment) repair of $18,000 is paid for.April 9,2016: A minor (equipment) repair of $4,000 is paid for.What is the $ amount of total assets at the end of the day on April 9,2016?

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