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Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company...

Use the adjusted trial balance for Stockton Company to answer the question that follows.

Stockton Company
Adjusted Trial Balance
December 31
    Account
No.		 Debit
Balances		 Credit
Balances
Cash 11 6,612    
Accounts Receivable 12 2,647    
Prepaid Expenses 13 677    
Equipment 18 14,894    
Accumulated Depreciation 19     1,479
Accounts Payable 21     1,489
Notes Payable 22     5,710
Bob Steely, Capital 31     14,347
Bob Steely, Drawing 32 787    
Fees Earned 41     6,939
Wages Expense 51 2,915    
Rent Expense 52 787    
Utilities Expense 53 313    
Depreciation Expense 54 222    
Miscellaneous Expense 59 110    
Totals     29,964 29,964

Use the adjusted trial balance for Stockton Company. Determine the total assets.

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