Ultra Ltd has the following balances as at 31 October 2013: Cash in hand 1,000 Trade receivables 35,700 Accruals 6,300 Machinery and vehicles 59,000 Prepayments 800 Trade payables 27,000 Bank overdraft 10,200 Land 5,000 Term loan (repayable on 1 20,000 January 2015) Based on the above information, calculate the total assets and total equity Select one: a. Total assets = 104.300: Total equity = 48,000 b. Total assets = 96,500; Total equity = 28,000 c. Total assets = 105,000; Total equity = 45,000 d. Total assets = 101,500: Total equity = 38,000 ge