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What is the amount of total assets reported

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Question - Davis Company has the following accounts and balances at the end of the year:

Cash, $1,200

Accounts Receivable, $280

Office Equipment, $3,000

Accounts Payable, $1,400

Income from Services, $3,500

Rent Expense, $670

Salaries Expense, $1,000

R. Davis, Capital at the beginning of the year was $2,050. Rob Davis also withdrew $800 from the company during the year. What is the amount of total assets reported on the balance sheet?

a. $1,480

b. $9,800

c. $3,080

d. $4,480

Reference no: EM132756324

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