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The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $43,300 Common stock

The following items are components of a traditional balance sheet. How much are the total assets of the firm?

Plant and equipment	$43,300
Common stock	15,000
Cash	6,900
Inventory	22,500
Bad debt reserve	6,000
Additional paid-in capital	6,000
Accumulated depreciation	27,500
Accounts receivable	22,000

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