Zen Hatha opened a Yoga Studio and during a short period as a dealer completed these transactions:

(1)	Started the yoga studio, Asha Yoga Studio, by investing $50,000 in cash and equipment with a $28,000 fair value.
(2)	Purchased land valued at $35,000 and a small building valued at $80,000; paid $30,000 cash and signed a note payable, agreeing to pay the balance over a period of years.
(3)	Purchased office supplies on credit, $100.
(4)	Zen Hatha contributed his personal automobile, which had a $12,000 fair value, for exclusive use in the business.
(5)	Paid the yoga instructor salary, $500.
(6)	Completed monthly yoga classes for the value of $6,500 cash.
(7)	Paid $650 cash for a magazine advertisement.
(8)	Paid for the supplies purchased in transaction (3).
(9)	Purchased new yoga mats for the business, paying $300 cash.
(10)	Completed a yoga assessment and billed the client $400.
(11)	Zen Hatha withdrew $200 from the business to pay personal expenses.
(12)	Received payment in full for the appraisal of transaction (10).

What was the total of the debit balances shown in the trial balance prepared after these transactions were posted? You will need to CORRECTLY provide journal entries for transactions (1), (2) and (3) in question 9 to receive full marks for question 8.

Select one:

A. $173,95

B. $243,620

C. $181,900

D. $152,300

E. $167,700