Harbor City Corporation's end-of-year balance sheet consisted of the following amounts: Cash $ 15,000 Accounts receivable $50,000 Property, plant, and equipment 70,000 Long-term debt 40,000 Capital stock 100,000 Accounts payable 20,000 Retained earnings ? Inventory 35,000 What amount should Harbor City report on its balance sheet for total assets?
a. $110,000
b. $155,000
c. $170,000
d. $190,000
c
Business
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