Beta Corporation purchased $120,000 worth of land by paying 12,000 cash and signing a $108,000 mortgage. Immediately prior to this transaction the corporation had assets, liabilities, and owners' equity in the amounts of $152,000, $31,000, and $121,000 respectively. What is the total amount of Beta Corporation's assets after this transaction has been recorded?

$164,000
	$43,000
	$260,000
	$272,000
	$284,000