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If you could explain/show how you came to your answer that would be great! ...

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Accounting

If you could explain/show how you came to your answer that would be great!

Listed below are the account balances of the Soloman Corporation:

Accounts Payable

$ 63,000

Building

190,000

Cash

88,000

Common Stock

150,000

Dividends

5,000

Land

160,000

Miscellaneous Expense

3,000

Service Revenue

250,000

Equipment

35,000

Note Payable due in 60 days

125,000

Long-Term Debt

13,000

Salary Expense

120,000

Total Assets are:

A. $473,000.

B. $438,000.

C. $248,000.

D. $385,000.

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