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Golden Enterprises started the year with the following; Assets $101,000; Liabilities $31,000; Common Stock $61,000; Retained Earnings $9,000. During the yeat, the company earned revenue

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Golden Enterprises started the year with the following; Assets $101,000; Liabilities $31,000; Common Stock $61,000; Retained Earnings $9,000. During the yeat, the company earned revenue of $5,100, all of which was recelved in cash, and incurred expenses of $3,050, all of which were unpaid as of the end of the year. In addition, the company paid dividends of $1,100 to owners, Assume no other activities occutred during the year. The amount of Golden's assets at the end of the year is: Mintiple Choice: $108150 $106500 $105000 $109150

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