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Cash $ 6 0 , 0 0 0 Accounts receivable $ 2 0 0 , 0 0 0 Prepaid expenses $ 1 0 , 0

Cash $60,000
Accounts receivable $200,000
Prepaid expenses $10,000
inventory $370,000
equipment $400,000
Accumulate depreciation $40,000
delivery truck $60,000
Accumulate depreciation delivery truck 6,000
accounts payable $84,000
notes payable short term $60,000
notes payable long term $240,000
common stock $250,000
retained earnings $320,000
product sales $1,200,000
costs of good sold $790,000
wages expense $253,000
rent expense $36,000
depreciation expenses 21,000
determine total assets.

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