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Question - Home Inc.'s adjusted trial balance contained the following accounts at December 31, 2021: Cash $ 44,000; Unearned Revenue $ 54,000; Land held for sale $ 16,500; Bad debt expense $ 4,400; Dividend payable $ 5,500; Prepaid expense $ 5,400; Accounts Receivable, net $ 7,200; Preferred Shares $ 10,800; Inventory $ 33,000; Income from short-term investment $ 5,400; Income tax payable $ 2,200; Interest expense $ 2,700; Equipment, net $ 55,000; Notes payable $ 18,000; Intangible assets - patents $ 16,500; Accumulated Other Comprehensive Income $ 4,500; Depreciation expense $ 3,300; Dividend income $ 7,200. Calculate the balance of total assets.
a. $177,600
b. $93,000
c. $106,100
d. $103,800
e. $182,100
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