Slepoy Company opened a new flower store and completed the following transactions during September:1. Shareholders invested $80,000 cash in exchange for common stock.2. Purchased a delivery truck for $14,000 by making a $2,000 down payment, and signed a note payable for the balance.3.Purchased $3,400 of flowers on account. Paid $3,200 of the balance during the month. 4. Paid $1,200 for rent and wages.5. Paid $2,400 for advertisements to be placed in the local newspaper for the month of October.How much will Flowers Co. report on its balance sheet as Total Assets on September 30
