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Mark's Repair Shop-Balance Sheet and Income Statement Balance Sheet Mark's Repair Shop Balance Sheet September 30, 20- Liabilities 500 Accounts Payable Assets Cash Accounts Receivable 7 350 11.050 8 100 Bank Loan Supplies 500 Mortgage Payable 110 000 Parts Inventory 4000 Total Liabilities $128 400 Equipment 25 500 175 000 Owner's Equity Building and Land Mark Bianchet, Equity Total Liabilities and Owner's Equity Total Assets $ 219 600 Income Statement Mark's Repair Shop Income Statement For the month anding September 30, 20- Revenue Repairs Revenue $9.900 Total Revenue $9.900 Expenses $2600 Rent 2000 Advertising 850 Supplies 185 Usities 235 Insurance 150 Delivery Expense 770 Total Expenses What is the value of total assets for Mark's Repair Shop?" $3110 $175 000 991 200 $219 600 $ 6