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Matlack Company begins operations on January 1, 2022, with $100,000 in common stock. At the end of 2022, Matlack has the following financial information:CS $100,000Revenue 90,000Rent Expense 20,000Utilities Expense 10,000Equipment 90,000Cash $40,000A/R 25,000A/P 40,000Sal Expense 35,000Dividends Paid 10,000The amount of total assets as of 12/31/22 would be-$255,000-$155,000-$240,000$140,000
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