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What is the total for owners equity on the balance sheet after the following cash transactions are recorded? * Acquired $30,000 cash from the issue

What is the total for owners equity on the balance sheet after the following cash transactions are recorded? * Acquired $30,000 cash from the issue of common stock. * Borrowed $65,000 from a bank. * Earned $27,000 of revenues. * Expenses were $19,500. * Paid a $6,500 dividend.

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$53,000

$72,500

$50,500

$31,000

$96,000

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