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Problem 3 Compute the total assets from the following information. $15,000 Cash 4,000 Food Inventory Food Sales 100,000 Common Stock Issued 26,000 Accounts Receivable 5,000

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Problem 3 Compute the total assets from the following information. $15,000 Cash 4,000 Food Inventory Food Sales 100,000 Common Stock Issued 26,000 Accounts Receivable 5,000 Land 30,000 Retained Earnings 32,000 Building 80,000 Furniture & Equipment 22,000 Accounts Payable 2.500 Additional Paid-In Capital 8,000

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