California Company reports the following amounts for the year ended December 31, 2021:

Advertising Expense	$	12,800		Service Revenue	$	128,000
Building	$	100,000		Interest Expense	$	2,500
Salaries Expense	$	24,800		Utilities Expense	$	14,500
Accounts Payable	$	6,300		Equipment	$	25,700
Cash	$	10,500		Notes Payable	$	16,700

In addition, the company had common stock of $30,000 at the beginning of the year and issued an additional $5,000 of common stock during the year. The company had retained earnings of $13,300 at the beginning of the year and paid dividends of $8,500.

What amount of total assets should the company report in its December 31, 2021 balance sheet?

Multiple Choice

$10,500

$110,500

$142,500

$136,200