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A company's January 1, 2017 balance sheet reported total assets of $150,000 and total liabilities of $60,000. During January 2017, the company completed the following transactions:
(1) paid a note payable using $10,000 cash (no interest was paid);
(2) collected a $9,000 accounts receivable;
(3) paid a $5,000 accounts payable; and
(4) purchased a truck for $5,000 cash and by signing a $20,000 note payable from a bank.
The company's January 31, 2017 balance sheet would report what ($) balances for:
Assets:
Liabilities:
Shareholder's Equity:
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