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Assume that Orchestra Ltd is a startup company with no entries in its books prior to the following transactions: Raise shareholders' equity in cash 200,000

Assume that Orchestra Ltd is a startup company with no entries in its books prior to the following transactions:

Raise shareholders' equity in cash 200,000

Obtain a long-term bank loan 100,000

Purchase a building for cash 75,000

Purchase inventories on credit from a supplier, not payable until the next financial year 5,000

Determine the company's total assets after the above transactions.

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