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Your trial balance reflected the following account balances at year end. Accounts receivable ( net ) 5 0 , 0 0 0 Trading securities 1

Your trial balance reflected the following account balances at year end.
Accounts receivable (net)
50,000
Trading securities
12,000
Allowance for doubtful accounts
12,000
Accumulated depreciation on equipment and furniture
30,000
Cash
32,000
Inventory
60,000
Equipment
50,000
Patent
8,000
Prepaid expenses
4,000
Land held for future business site
36,000
Total assets on your balance sheet is
$164,000
$210,000
$154,000
$180,000
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