Based on journal entries below for 2015 and 2016, what is the ASSETS TOTAL in 2016?

Apply FIFO.

2015	2016
You contributed $100 cash to start business You purchased 6 products @ $10, with A/P You sold 4 products @$30 with cash Record COGS (FIFO)	You contributed $60 cash to your business You purchased 2 products @ $15, with Cash You sold 3 products @$25 with AR Record COGS (FIFO) You paid $30 to your supplier. You received $50 from your customer.