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The following table shows the adjusted trial balance of Scott Company: Scott Company Adjusted Trial Balance, December 31, 2016 Cash $100,000 Accounts receivable 7,000 Prepaid

The following table shows the adjusted trial balance of Scott Company:

Scott Company

Adjusted Trial Balance, December 31, 2016

Cash

$100,000

Accounts receivable

7,000

Prepaid Insurance

9,000

Office supplies

3,300

Office equipment

8,000

Accumulated depreciation - Equipment

$3,200

Building

430,000

Accumulated depreciation - Building

42,000

Accounts payable

5,800

Salaries payable

14,500

Interest payable

2,500

Long-term note payable

52,000

Common stock

50,000

Retained earnings

160,000

Dividends

20,000

Service fees earned

280,300

Salaries expense

20,000

Insurance expense

5,200

Depreciation expense - Equipment

800

Depreciation expense - Building

7,000

Total

$610,300

$610,300

The total assets of Scott Company for the year 2016 is

Select one:

a. 427,300

b. 512,100

c. 557,300

d. 447,300

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