Question 48 (2 points) The following items are taken from the financial statements of Tracy Company for 2018: Accounts payable $20,750 Supplies expense 6,300 Utilities expense 18,000 Insurance expense 3,150 Note payable (due 2024) 83,500 Advertising expense 22,050 Equipment 232,200 Accumulated depreciation 29,400 Dividends 15,750 Prepaid Insurance 4,300 Supplies 4,200 Depreciation expense 12,600 Cash 19,700 Common stock 94,500 Inventory 10,000 Cost of goods sold 155 250 Sales 330,000 Rent expense 17,850 Salaries payable 1,850 Unearned revenue 3,000 Accounts receivable 16,550 Salaries expense 35,700 Retained earnings (beginning) 10,600 What is the company's total assets at 12/31/18? $202,800 $250,100 $264,750 O $257,550