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Accounts Accounts Retained earnings 70,000 Accumulated other comprehensive income 35,000 Inventory 25,000 Accounts receivable 20,860 Cash 30,000 Share capital-ordinary 150,000 preferred stock 100,000 Salaries payable

Accounts

Accounts

Retained earnings

70,000

Accumulated other comprehensive income

35,000

Inventory

25,000

Accounts receivable

20,860

Cash

30,000

Share capital-ordinary

150,000

preferred stock

100,000

Salaries payable

11,300

If this information was used to prepare a statement of financial position, Total equity should be:

Select one:

a. 250,000

b. 320,000

c. 355,000

d. 185,000

e. 285,000

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