The firm currently uses straight line depreciation. Depreciation in 2018 was $4,000. Sales are expected to grow by 50% in 2019. All net income is paid out in dividends and no new stock issues are planned. Calculate total assets for 2019. Cash 2018 $20,000 Accounts Receivable $30,000 Inventory Fixed Assets, gross $70,000 $110,000 Accumulated Depreciation $30,000 Fixed Assets, net T FA $80,000 2019 BIU = D A G e G Use the editor to format your answer Word count: 0