Brown Corporation started a new business on August $1,2021.$ That same day, Brown Corporation also received $$360,000$ of cash from issuing common stock and borrowed $$360,000$ from a friend. On August $1,2021$ Brown Corporation also purchased equipment for $$388,800.$ The equipment has a useful life of $108$ months. On August $1,2021,$ Brown also paid $$46,800$ of cash to rent office space for a $12$ month period. During $2021,$ the Company provided services valued at $$216,000$ and had collected $$43,200$ of that amount at year$-$end. The company will collect the remaining portion in the following year.The company's payroll for $2021$ was $$169,000,$ which was paid in full during $2021.$ Use this information to find the company's balance of total assets as of $12/31/2021?$