On May 31 of the current year, the assets and liabilities of Riser, Inc, are as follows: Cash $13,300; Accounts Receivable, $6,800; Supplies, $700; Equipment $11,350; Accounts Payable, $8,700. What is the amount of owner's equity as of May 31 of the current year? Multiple Choice - $12.2002 $40,850 $23,450 $13,300 $32,350