1. Here are selected entries for Ruggles Urgent Care Center for December 31, 2018, presented in alphabetical order. (5 points each, 10 points total, partial credit available)

Accounts payable $30,000

Accounts Receivable Net $70,000

Cash $40,000

Equity ????

Long-Term Debt 125,000

Long-Term Investments 120,000

Net Property & Equipment 160,000

Other Assets 40,000

Other Long-Term Liabilities 15,000

1. Create the balance sheet for Ruggles Urgent Care Center.
2. What is the Equity amount?