Microtel began operations at the beginning of 206 with a $10,000 cash investment by stockholders. During 20X6, Microtel had revenue on account of $5,000; of this amount $2,000 was collected during 206 and $3,000 was an outstanding receivable at yearend. Microtel incurred $3,000 of operating expenses during 20X6; of this amount $1,000 was unpaid at year-end. During 20X6, $1,000 cash was disbursed as dividends. The only other transaction during 206 was the purchase of $5,000 of equipment for cash near the end of the year. How much were Microtel's total assets at year-end? Question 29 Microtel began operations at the beginning of 206 with a $10,000 cash investment by stockholders. During 20X6, Microtel had revenue on account of $5,000; of this amount $2,000 was collected during 206 and $3,000 was an outstanding receivable at yearend. Microtel incurred $3,000 of operating expenses during 206; of this amount $1,000 was unpaid at year-end. During 206. $1.000 cash was disbursed as dividends. The only other transaction during 206 was the purchase of $5,000 of equipment for cash near the end of the year. How much was Microtel's total stockholderz' equity at year-endz