The following entry appears in Galloway Paints general journal on April 23, 2015:

Inventory 26,000

Accounts Payable 20,000

Cash 6,000

Before the journal entry above, Galloway had assets of $450,000; liabilities of $230,000; and owners' equity of $220,000. Total assets immediately after the above transaction has been recorded amount to:

	$430,000.
	$450,000.
	$470,000.
	No answer text provided.