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The following data was included in the financial statements of Speedy Packages, Inc. on October 3 1 , 2 0 1 : Cash $ 1

The following data was included in the financial statements of Speedy Packages, Inc. on October 31,201 : Cash $13,300; Accounts Receivable, $6,800; Supplies $700; Equipment, $11,350; Accounts Payable, $8,700. What is the amount of Speedy's equity as of October 31,201?
Multiple Choice
$12,200.
$40,850.
$23,450.
$32,150.
$13,300.
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