The following information was taken from the accounting records of ZZ, Inc. for the year ended December 31, 2005: 

Cash $20,000 Utilities Expense $ 7,000 Cost of Goods Sold $36,000 Copyright $10,000 Accounts Payable $37,000 Retained Earnings $34,000 (at January 1, 2005) Inventory $67,000 Wage Expense $18,000 Dividends $ 6,000 Sales Revenue $79,000 Income Tax Expense $ 6,000 Contributed capital $65,000 Equipment $45,000 

Calculate the total amount of owners' equity reported by ZZ, Inc. in its balance sheet as of December 31, 2005. Do not use decimals in your answer.