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A company's January 1, 2019 balance sheet reported total assets of $161,000 and total liabilities of $65,500. During January 2019, the company completed the following

A company's January 1, 2019 balance sheet reported total assets of $161,000 and total liabilities of $65,500. During January 2019, the company completed the following transactions: (A) paid a note payable using $15,500 cash (no interest was paid); (B) collected a $14,500 accounts receivable; (C) paid a $6,100 accounts payable; and (D) purchased a truck for $6,100 cash and by signing a $25,500 note payable from a bank. The company's January 31, 2019 balance sheet would report which of the following?

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  • Assets Liabilities Stockholders's Equity
    $164,900 $69,400 $95,500
  • Assets Liabilities Stockholders's Equity
    $171,000 $84,900 $86,100
  • Assets Liabilities Stockholders's Equity
    $186,500 $118,700 $67,800
  • Assets Liabilities Stockholders's Equity
    $161,000 $65,500 $95,500

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