The following pre$-$closing accounts and balances were drawn from the records of Carolina Company on December $31,$ Year $1$:

Cash $ $5,500$ Accounts receivable $ $4,900$

Dividends $3,500$ Common stock $5,400$

Land $4,700$ Revenue $4,700$

Accounts payable $2,550$ Expense $2,950$

Retained earnings $7,400$

What is the amount of total assets that will be reported on the balance sheet as of December $31,$ Year $1?$

Multiple Choice

$$15,100$

$$18,600$

$$19,800$

$$10,200$