A company has the following account balances: $ Cash at bank 27,400 Accounts payable 20,400 Inventory 22,700 Accumulated depreciation 17,200 Accounts receivable 16,600 Mortgage payable 115,000 Equipment (cost) 124,000 Dividends 8,600 Net Asset's would be:

Select one:

a.$46,700

b.$38,100

c.$29,500

d.$53,300

e.None of the above