At the beginning of January, the Juliet Company began when owner's invested $60,000 to start the company. During January the company had the following transactions: On January 1, purchased equipment for $3,620 which is expected to be useful for four years at which time it can be sold for $500. On January 20 , sold services of $3,000 to customers on account. On January 31, paid employee salaries of $2,500 What are the company's total assets at the end of January