The following transactions occurred during May, the first month of operations for Hunter Products, Incorporated: Issued 41,000 shares of capital stock to the owners of the corporation in exchange for $492,000 cash. Purchased a piece of land for $310,000, making a $105,000 cash down payment and signing a note payable for the balance. Made a $51,000 cash payment on the note payable from the purchase of land. Purchased equipment on credit from BBW, Incorporated for $54,000. What are total assets of Hunter Products at the end of May? $754,000 O $646,000 $700.000 $751,000