QUESTION 32

1. Weber has the following balances, all of which are normal.

   Trademark	$40
   Supplies	8
   Retained earnings	308
   Prepaid rent	20
   Notes receivable (long-term)	465
   Notes payable (long-term)	800
   Land	150
   Inventory	16
   Interest receivable	30
   Income tax payable	65
   Dividends payable	30
   Deferred revenue	40
   Common stock (at par)	15
   Cash	39
   Building and equipment	920
   Additional paid-in capital	485
   Accumulated depreciation	80
   Accounts receivable	710
   Accounts payable	560

   Total assets are:

   	A.	$2,318.
   	B.	$2,398.
   	C.	$2,333.
   	D.	$2,478.