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Refer to the following Balance Sheet Accounts of MAC Corporation. The value of total assets for the year-end is ________. Account Balance 12/31/2017 Accumulated depreciation
Refer to the following Balance Sheet Accounts of MAC Corporation. The value of total assets for the year-end is ________.
| Account | Balance 12/31/2017 |
| Accumulated depreciation | $7,650 |
| Accounts payable | $6,875 |
| Accounts receivable | $8,000 |
| Cash | $3,750 |
| Common stock | $15,625 |
| Inventory | $11,250 |
| Long-Term debt | $17,750 |
| Plant, property, and equipment | $37,000 |
| Retained earnings | $12,100 |
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