-Issued 60,000 shares of capital stock to the owners of the corporation in exchange for $600,000 cash.

-Purchased a piece of land for $250,000, making an $80,000 cash down payment and signing a note payable for the balance.

-Made a $100,000 cash payment on the note payable from the purchase of land.

-Purchased equipment on credit from National Supply for $40,000.

Refer to the above data. What are total assets of Accurate Manufacturing at the end of June?

• $710,000
• $630,000
• $890,000
• $460,000.