Response to the following problem:
The following accounts are taken from the records of Jasper Inc. at January 31, 2015, its first month of operations.
Cash $33,000
Accounts receivable 82,000
Unused supplies 2,000
Land 25,000
Building 70,000
Equipment 30,000
Bank loan 15,000
Accounts payable 27,000
Share capital ?
Net income 40,000
Dividends 1,000
Required:
1. Calculate the amount of total assets.
2. Calculate the amount of total liabilities.
3. Calculate the amount of share capital.