The Best Lake is a retail store trading in electronics gadgets. The firm has provided the following

accounts details for $2014.$

Cashbook

List of Balances

Additional Notes

i$.$ The machinery that was sold had a book value of $$15,000$

ii$.$ Discounts of $$3,450$ were allowed to List of Balances

Additional Notes

i$.$ The machinery that was sold had a book value of $$15,000$

ii$.$ Disounts of $$3,450$ were allowed to credit customers

How much is to be shown as the owners' equity as at January $1,2014?$

$$54,650$

$$45,000$

$$149,250$

$$99,650$ credit customers

How much is to be shown as the owners' equity as at January $1,2014?$