On January $1,$ Kirk Corporation had total assets of $$868,000.$ During the month, the following activities occurred:

$$ Kirk Corporation acquired equipment costing $$7,800,$ promising to pay cash for it in $60$ days.

$$ Kirk Corporation purchased $$3,680$ of supplies for cash.

$$ Kirk Corporation sold land, which it had acquired $2$ years ago. The land had cost $$16,800$ and it was sold for $$16,800$ cash.

$$ Kirk Corporation signed an agreement to rent additional storage space next month at a charge of $$1,180$ per month.

What is the amount of total assets of Kirk Corporation at the end of the month?

Multiple Choice

$5822,200$

raw

$111$