At the beginning of January, the Kreps Company began when owner's invested $60,000 to start the company. During January the company had the following transactions: Purchased an insurance policy for $12,000 which provides coverage for the next Jan. 1 five years. Jan. 12 Sold services of $5,000 to a customer on account. Jan. 31 Received utility bill for $800; will be paid next month. Jan. 31 Paid employee salaries of $12,900. What are the company's total assets at the end of January