Fox Co$.$ does various consulting jobs and their $1$st Quarter info follows:

$1/2/17$ Receive $$100,000$ on sale of $4,000$ shares of common stock $($$$2$ Par Value per share$).$

$1/17$ Receive $$80,000$ advance for $4$ jobs $($$$20,000$ each$).$ By $3/31/17,3$ of these jobs are done.

$1/22$ Buy $$18,000$ of office supplies on credit. By $3/31,$ only $$7,500$ of these supplies are left.

$2/1$ Hire worker who begins work now and will be paid $$50,000$ on $7/1$ for $5$ months of work.

$2/9$ Complete a new $(5$th$)$ job and mail the client an invoice for $$25,000.$

$2/19$ Receive $$15,000,$ initial payment, from the $5$th client, whose job was completed on $2/9.$

$2/28$ Buy computers for $$48,000(4-$year useful life, straight$-$line depreciation$).$

$3/15$ Declare $$15,000$ in dividends, paying $$5,000$ of it now, with the rest to be paid $5/15.$

$3/31$ Buy $$300,000$ building $(15\%$ of it land; $20$ yr UL$)$ with $10\%$ cash and $5-$year, $8\%$ note.

$3/31$ Estimate $30\%$ income tax rate for all income or loss and that any bad debt is immaterial.

What amount will appear as the $1$st asset in Fox's Balance Sheet at $3/31/2017?$

Group of answer choices

$$104,500$

$$97,000$

$$62,000$

$$107,000$

$$112,000$