Question 23 (1 point) Saved A company was incorporated and sold shares to investors for $20,000 cash. In addition to this, the company also borrowed $8,000 from a bank. Then the company purchased some inventory for $5,000 on credit. The company also bought some equipment by paying cash of $8,000. After accounting for these transactions the company should have: A) Assets of $28,000, liabilities of $8,000 and shareholders' equity of $20,000 B) Assets of $13,000, liabilities of $8,000 and shareholders' equity of $5,000 Assets of $33,000, liabilities of $13,000 and shareholders' equity of $20,000 D) Assets of $8,000, liabilities of $5,000 and shareholders' equity of $3,000