Choose the right answer

This information provided below is for Sparkles Pty Ltd for the year ended 31 December 2021:

Equipment	$90,000
Salaries payable	23,000
Dividends Paid during 2021	14,000
Accounts payable	120,200
Inventory	140,000
Prepaid rent	4,800
Accounts receivable	56,000
Accumulated Depreciation	40,000

Calculate Equity at 31 December 2021:

a.

$107 600

b.

$93 600

c.

$98 000

d.

$147 600

e.

$133 600