The following table contains financial information for Trumpter Inc. before closing entries: Cash$12,000 Supplies 4,500 Prepaid Rent 2,000 Salaries Expense 4,500 Equipment 65,000 Service Revenue 30,000 Miscellaneous Expense 20,000 Dividends 3,000 Accounts Payable 5,000 Common Stock 68,000 Retained Earnings 8,000 What is the amount of Trumpter's total assets?
A. $68,500.
B. $82,500.
C. $81,500.
D. $83,500.
Answer: D
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