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Selected account balances for Senegal Company on December 31, 2024 are as follows. Land Sales revenue Accounts payable Supplies $ 200,000 1,550,000 25,000 17,000

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Selected account balances for Senegal Company on December 31, 2024 are as follows. Land Sales revenue Accounts payable Supplies $ 200,000 1,550,000 25,000 17,000 Cash 65,000 Rent expense 24,000 Inventory 150,000 Equipment 750,000 220,000 350,000 Accounts receivable Cost of goods sold What amount will be reported for total assets on the December 31, 2024 balance sheet? $1,182,000 $1,402,000 $1,165,000 $1,189,000

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