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Laith Company has the following information on December 31, 2020, Accumulated Depreciation- Equipment 20,000$, Accounts Payable 10,000$, Share Capital 80,000$, Retained Earnings 16,000$, Copyrights 8,000$,

image text in transcribed Laith Company has the following information on December 31, 2020, Accumulated Depreciation- Equipment 20,000$, Accounts Payable 10,000$, Share Capital 80,000$, Retained Earnings 16,000$, Copyrights 8,000$, Notes Payable (Due in 2021) 12,000$, Accounts Receivable 8,000$, Cash 40,000$, Short-term Investments 3,000$, Wages Payable 7,000$, Equipment 40,000$, The total amount of assets that will appear on the statements of financial position is

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