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On December 31, 2018, the balance sheet of Roberts Realty reported total assets of $200,000. The following transactions occurred during the month of January 2019:

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On December 31, 2018, the balance sheet of Roberts Realty reported total assets of $200,000. The following transactions occurred during the month of January 2019: 1. The business purchased land for $250,000, paying $100,000 cash and issuing a note payable for the balance 2. The business collected accounts receivable totaling $45.000 3. The business sold land (which had cost $50,000) for $60,000 cash 4. The business paid off $50,000 of Notes Payable What is the amount of the company's total assets on January 31, 20197 Select one: a 5310.000 1.5365.000 5455,000 5460.000

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