I am unsure how to answer the question

The following entries were made by the accountant of Patel Pastries during its rst month of operation. 1. James Patel, the owner, deposited $3,000 in the business's new checking account. 2. Patel Pastries paid the rst month's rent of $400 in cash. 3. Patel Pastries purchased equipment by signing a note payable of $11,000. 4. Cash sales for the month were $4,500. 5. Patel Pastries purchased cooking supplies for $1,400 cash. After the accountant posts these entries to the general ledger, how much are total assets? (7 $16,700 6 $18,100 ('3 $7,100 ('3 $6,100