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Mack Industries had these assets on November 20: Cash, $4,098.35; Accounts Receivable, $13,419.73; Merchandise Inventory, $105,674.00; Equipment, $84,508; building, $310,400.00. The company owed $122,770 in accounts payable and $60,000 to the National Bank. What were the company's assets?

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Mack Industries had these assets on November 20: Cash, $4,098.35; Accounts Receivable, $13,419.73; Merchandise Inventory, $105,674.00; Equipment, $84,508; building, $310,400.00. The company owed $122,770 in accounts payable and $60,000 to the National Bank. What were the company's assets?






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