Park & Company was recently formed with a $6,800 investment in the company by stockholders in exchange for common stock. The company then borrowed $3,800 from a local bank, purchased $1,180 of supplies on account, and also purchased $6,800 of equipment by paying $2,180 in cash and signing a promissory note for the balance. Based on these transactions, the company's total assets are: Multiple Choice $13,600. $16,400. o oo $10,600