Quiz Sad Help Save The following pre closing accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash Dividends Land Accounts payable $4,6ee $2,3ee $2,6ee $1,350 Accounts receivable Common stock Revenue Expense $1,750 $2,775 $2,600 $1,450 Total assets on Carolina's December 31, Year 1 balance sheet would amount to: Multiple Choice $11,250 $7.200 $8.950 C $11,550