On May $31$ of the current year, the assets and liabilities of Riser, Incorporated are as follows: Cash $$16,800$; Accounts Receivable, $$7,050$; Supplies, $$700$; Equipment, $$11,750$; Accounts Payable, $$9,000.$ What is the amount of equity as of May $31$ of the current year? Multiple Choice $$45,300.$ $$12,650.$ $$16,800.$ $$27,300.$ $$36,300.$