This company's balance sheet has the following information; Cash = $5,000, Account Receivable = $2,000, Inventory = $10,000, Supplies = $2,000, Plant = $30,000, Equipment = $20,000, Intellectual Property = $2,500.Trades Payable = $2,000, Income Tax Payable = $3,000, Short-Term Debt = $ 5,000, long-Term Debt = $15,000, Bonds = $10,000, Common Stock = $20,000 and Retained Earnings. Make Simplified Balance Sheet for this company from the financial information provided above.

A. Total Fixed Assets = $52,000

B. Total Equity = $46,000

C. Total Debt & Owner's Equity = $61,500

D. Total Assets = $71,500