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Sunday company reports the following information on

Question - Sunday Company reports the following information on December 31st 2014

Cash 20,000

Accounts Receivable 112,000

Accounts payable 91,000

Accrued Wages Payable 6,000

Unearned Revenues 2,000

Paid in Capital 59,000

Retained Earnings 80,000

Inventory 30,000

Prepaid Rent 4,000

Equipment (Net) 12,000

What are the total assets as of December 31st 2014?

A. 166,000

B.180,000

C. 162,000

D. 178,000

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