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Wiley Hill opened Hill's Repairs on March 1 of the current year. During March, the following transactions occurred: 1 Wiley invested $40,000 cash in the

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Wiley Hill opened Hill's Repairs on March 1 of the current year. During March, the following transactions occurred: 1 Wiley invested $40,000 cash in the business, 2. Wiley contributed $115,000 of equipment to the business. 3. The company paid $3,500 cash to rent office space for the month of March. 4. The company received $31,000 cash for repair services provided during March 5. The company paid $7,700 for salaries for the month of March. 6. The company provided $4,500 of services to customers on account. 7. The company paid cash of $2,000 for utilities for the month of March 8. The company received $4,600 cash in advance from a customer for repair services to be provided in April. 9. Wiley withdrew $6,500 for his personal use from the company. Based on this information, the balance in Wiley Hill. Capital reported on the Statement of Owner's Equity at the end of March would be

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