Hand-me-Down Clothung Company was recently formed with a $5,000 investment in the company by sharehoidors. The company then borrowed 52 ,000 from a local bank, purchased $1,000 of supplios imventory on account, and also purchased $5,000 of equipment by payng $2,000 in cash and signing in promissary rote for the baince As a tesult of these transactions, the comparn's total assets are