Thomson Company started business on January 1 of Year 1. On December 31 of Year 1, Thomson had the following account balances:

Accounts receivable: $145,000

Sales revenues: $991,000

Income taxes payable: $29,000

Loan payable: $60,000

Cost of goods sold: $627,000

Cash: $80,000

Inventory: $33,000

Operating expenses: $235,000

Income tax expense: $30,000

Accounts payable: $60,000

Property, Plant, and Equipment: $166,000

Prepaid Rent: $60,000

Bonds Payable: $150,000

Capital Stock: $86,000

Given these data, what is the total amount of Thomsons TOTAL ASSETS as of December 31 of Year 1?

$99,000

$299,000

$185,000

$86,000

$484,000