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A company's January 1, 2014 balance sheet reported total assets of $159,000 and total liabilities of $64,500. During January 2014, the company completed the following
A company's January 1, 2014 balance sheet reported total assets of $159,000 and total liabilities of $64,500. During January 2014, the company completed the following transactions: (A) paid a note payable using $14,500 cash (no interest was paid); (B) collected a $13,500 accounts receivable; (C) paid a $5,900 accounts payable; and (D) purchased a truck for $5,900 cash and by signing a $24,500 note payable from a bank. The company's January 31, 2014 balance sheet would report which of the following?
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