Achebe Company started business on January 1 of the current year. At the end of January, the following financial data are available. Calculate Achebe's Total Assets as of the end of January.

Total Revenues	$295,000
Total Expenses	$220,100
Cash	$66,550
Accounts Receivable	$33,100
Inventory	$95,100
Accounts Payable to suppliers (will be paid during February current year)	$56,550
Common Stock	$63,300
Retained Earnings	$???

Answer rating: 100% (QA)

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