Park & Company was recently formed with a $6,300 investment in the company by stockholders in exchange for common stock. The company then borrowed $3,300 from a local bank, purchased $1,130 of supplies on account, and also purchased $6,300 of equipment by paying $2,130 in cash and signing a promissory note for the balance. Based on these transactions, the company's total assets are:

Multiple Choice

• $11,730.

• $9,600.

• $14,900.

• $12,600.