On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $21,000; Accounts Receivable, $7,350; Supplies, $700; Equipment, $12,100; Accounts Payable, $9,400. What is the amount of equity as of May 31 of the current year? Multiple Choice $50,550 $21,000 $31,750 $41,150 $13,100