1. Use the adjusted trial balance for Stockton Company to answer the question that follow.

   Stockton Company
   Adjusted Trial Balance
   December 31
   	Account No.	Debit Balances	Credit Balances
   Cash	11	6,530
   Accounts Receivable	12	2,100
   Prepaid Expenses	13	700
   Equipment	18	13,700
   Accumulated Depreciation	19		1,100
   Accounts Payable	21		1,900
   Notes Payable	22		4,300
   Bob Steely, Capital	31		12,940
   Bob Steely, Drawing	32	790
   Fees Earned	41		9,250
   Wages Expense	51	2,500
   Rent Expense	52	1,960
   Utilities Expense	53	775
   Depreciation Expense	54	250
   Miscellaneous Expense	59	185
   Totals		29,490	29,490

   Use the adjusted trial balance for Stockton Company. Determine the total assets.

   a.$23,030

   b.$8,630

   c.$9,330

   d.$21,930