Reference no: EM132624084

Charlie Corporation's adjusted trial balance included the following items (all account balances are normal):

Accounts payable $65,000,

Accounts receivable $41,000,

Capital stock $100,000,

Cash $50,000,

Dividends $10,000,

Goodwill $47,000,

Interest expense $4,000,

Interest payable $2,000,

Inventory $38,000,

Notes payable $80,000,

Prepaid expenses $5,000,

Property, plant & equipment $123,000,

Retained earnings $46,000,

Rent expense $18,000,

Revenues $101,000, and

Salary expense $60,000.

Problem 1: How much are total assets?