The following information provides year-end balances for Sacks Company.

	Debit		Credit
Accounts receivable	662
Building and equipment	940
Cash	51
Interest receivable	48
Inventory	17
Land	150
Notes receivable (long-term)	467
Prepaid rent	22
Supplies	10
Trademark	41
Accounts payable			586
Accumulated depreciation			79
Additional paid-in capital			478
Dividends payable			20
Common stock (at par)			15
Income tax payable			46
Notes payable (long-term)			846
Retained earnings			298
Deferred revenue			40
TOTALS	2,408		2,408

What would Symphony report as total assets?

rev: 09_26_2019_QC_CS-182332

Multiple Choice

• $1,467.

• $2,338.

• $2,329.

• $2,417.