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Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account No. Debit Balances

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

Stockton Company Adjusted Trial Balance December 31
Account No. Debit Balances Credit Balances
Cash 11 6,612
Accounts Receivable 12 2,647
Prepaid Expenses 13 677
Equipment 18 14,894
Accumulated Depreciation 19 1,479
Accounts Payable 21 1,489
Notes Payable 22 5,710
Bob Steely, Capital 31 14,347
Bob Steely, Drawing 32 787
Fees Earned 41 6,939
Wages Expense 51 2,915
Rent Expense 52 787
Utilities Expense 53 313
Depreciation Expense 54 222
Miscellaneous Expense 59 110
Totals 29,964 29,964

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

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