Cloud Solutions had the following accounts and balances as of December 31:

AccountDebit Credit

Cash$20,000

Accounts Receivable 2,000

Salaries Expense 500

Accounts Payable $4,000

Lodging Revenue 7,000

Utilities Expense 500

Prepaid Insurance 1,400

Supplies 1,500

Common Stock 14,900

Totals$25,900 $25,900

Using the information in the table, calculate the total assets reported on the balance sheet for the period.