On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $11,300; Accounts Receivable, $6,700; Supplies, $650; Equipment, $11,200; Accounts Payable, $8,600. What is the amount of owner's equity as of May 31 of the current year? Multiple Choice $38,450 $12.100 $11,300 $21.250 $29,850